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20th January 2017, 12:47 PM
Super Moderator
Join Date: Mar 2013
Re: Bank of America Global Transaction Services

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:
• Wire
• Check
• Card
• Prepaid card
• Paymode-X®
• ePayables
• Global wholesale banknotes
• 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
• 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 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

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