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Commerzbank And UniCredit Complete First UK BPO Live Transaction

September 01, 2016
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Commerzbank And UniCredit Complete First UK BPO Live Transaction

September 01, 2016
Commerzbank London and UniCredit announced they have successfully processed the first U.K. Bank Payment Obligation (BPO) live transaction. The transaction covers the export of chemicals from Ireland to Italy. Commerzbank’s customer in the transaction is the supplier, Heraeus Metal Processing, an Irish chemicals company. The buyer, which is UniCredit’s customer, is Ecocat Italia, an automotive parts producer. […]