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

Summer 2026 Newsletter added to Members Trade Information Section 29/07/2026

The latest (Summer 2026) newsletter has been added to the Newsletter section of the Members Trade Information section and reflects on the discussions at the recent ICC Banking Commission meeting including the 6 Opinions that were approved...more

Enabling digital trade through legal reform: A guide for policymakers and practitioners 12/05/2026

The ICC’s Digital Standards Initiative recently published a new MLETR implementation guide “Enabling digital trade through legal reform: A guide for policymakers and practitioners”, to support adoption of legally recognised electronic transferable records...more