Bank of America Merrill Lynch has signed a multi-year agreement with Earthport to provide cross-border payments clearance and processing solutions to its global customer base, the bank announced in a December 19 press release.
The deal makes it easier for Bank of America Merrill Lynch clients to access affordable and cost-efficient payments solutions, the bank’s head of global payments, Ather Williams III, said in a statement.
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“Our clients are asking us to help them quickly enter new markets across the globe. In many cases, a low-value international payment vehicle perfectly suits their needs. We are pleased that the agreement with Earthport will deepen our ability to provide clients with industry-leading solutions,” said Williams.
To learn more about the Bank of America Merrill Lynch/Earthport agreement, read the full press release here.
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