New CXC Report on Corporate Treasury and Banking in South Korea and Taiwan

CompleXCountries (CXC) the global corporate treasury peer group network has published a new report on how MNC treasurers are managing their treasury, banking and cash operations iN taiwan and South Korea.  Based on a detailed peer discussion between leading corporate practitioners, the report goes into granular detail and covers:

Local bank relationships

Global relationship banks

Cross-border cash pooling

In-country cash pooling

Cross-border sweeps

Notional cross-border pooling

Intercompany loans

Thin capitalisation

Transfer pricing

Local bank borrowing

FX swaps

Supply chain financing

Intercompany netting

Dividend repatriation

Withholding tax and treaty rates

Limited risk distributor model

Bank deposits

Spot FX at agreed spread over reference rate

Competitive bidding for FX

Payment Services Provider s(PSP)

Promissory notes

Banking partners discussed in the report include: Cathay

MUFG, Citibank, HSBC, Deutsche Bank, Standard Chartered, BNP Paribas, JPMorgan &  Bank Mendes Gans

The report is available to CXC members - the commentary (Key findings) can be read here: https://www.complexcountries.com/corporate-treasury-banking-in-south-kor...