Our CEO, Laurent Descout, recently wrote an article for Global Banking & Financing Review looking at how increased euro transaction fees are making treasurers rethink their banking relationships.
Since Brexit, UK businesses and their EU clients have been hit with increased euro transaction fees which could potentially cost them millions. This comes despite the UK still being a part of the geographical scope of the SEPA Schemes. This is driving UK and European treasurers to rethink traditional banking relationships.