Bank of America Global Transaction Services

Hi I am interested in having the details of the services which are offered for North America through the Bank of America’s Global Transaction Services?

[Rajkumar Agarwal]

Bank of America Merrill Lynch helps organizations overall make and get installments, oversee liquidity, defend resources and associate with providers and clients around the world — extending your worldwide reach and solidifying your overall operations into a solitary keeping money relationship.

BofAML in North America

Over a century of duty to North America

4,855 branches all through the U.S.

Die hard commitment from a solitary customer administrator

Straightforward network to each district for consistent worldwide scale

Hands-on, consultative approach that helps you upgrade working capital

Bank of America’s Global Transaction Services – North America:
Payments
• Wire
• ACH
• Check
• Card
• Prepaid card
• Paymode-X®
• ePayables
• Global wholesale banknotes
Receipts
• Remote Deposit Service Online
• Client-side capture
• CASH360
• SafeConnect
• Cash vault
• Wholesale lockbox (image and scannable)
• Intelligent Receivables (phase 1)
• Check deposit (paper)
• Image cash letter
• Banking center deposit verification
• Quick Business Deposit (QBD)
• Immediate verification
• Business deposit card
• Depository Plus
• ACH
• Wire
• Payment Collection Gateway
• Global advice
• Merchant services
• Income return item processing
• Healthcare Solutions: HealthLogic Expanded Data Capture – Lockbox; Healthcare Revenue Manager, Patient Pay Lockbox, HRM Online
Receipts Solutions
• CashPro® Online
• CashPro® Connect
Trade
• Trade finance for corporate and FI customers
• Open account finance/processing
• Documentary L/C and collection (import and export)
• Standby L/C and guarantee processing
• Risk distribution
• Supply chain finance (buyer and seller models)
• Structured trade finance
• EX-IM working capital guarantee program
• Electronic trade platform for transaction initiation and reporting (Trade Pro)
• Foreign exchange service
• Commercial letter of processing
• Banker’s acceptance and trade loan for corporate and FI customers
• Bank-to-bank L/C reimbursement for FI customers
• Bank payment obligation
• Trade receivables finance
Trade Solutions
• Trade Pro®
• Host-to-host file integration