News

SWIFT release details of first European multi-bank BPO transaction

26/02/2015

SWIFT today released a powerpoint presentation providing details of the first European multi-bank BPO transaction that occurred in 2014 and which won the TFR deal of the year for 2014. The parties involved were: BNP Paribas (Recipient Bank), BP Aromatics Ltd (Exporter), Turkiye Is Bankasi (Obligor Bank) and Koksan (Importer).

Details can be viewed in the following link: First European Multi-Bank BPO.pdf 


Back to recent news

Recent News

Wilbert Ward Trade Finance Excellence Award for 2026 10/11/2026

At the ICC Banking Commission in London on 9 November, I was honoured to receive the inaugural Wilbert Ward Trade Finance Excellence Award for 2026...more

Letters of Credit Are Not Disappearing; They Are Evolving! 24/09/2026

1...more