In a bank rationalization project, banking partners are sent a Request for Proposal (RfP) which will allow for an objective evaluation and a selection of those banking partners who can best deliver the required cash management capabilities.
Managing global bank relationships in an ever-changing banking landscape requires a strategic approach that considers the credit relationship with multiple banks and the share of wallet that is spent for activities in the areas of cash, liquidity, financial risk, corporate finance and capital markets.
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