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

Is your automatic extension (evergreen) clause as specific as it should be? 21/04/2026

Case: Starr Indemnity & Liability Co...more

ICC release guidelines on the Application of ICC trade finance rules in the context of the Middle East conflict 17/04/2026

Please find HERE the link to the paper just released by the ICC Global Banking Commission:     ...more