
February 5, 2025
Talking Shop: Treasury’s Control of Foreign Bank Accounts
Editor’s note: NeuGroup’s online communities provide members a forum to pose questions and give answers. Talking Shop shares valuable insights from these exchanges, anonymously. Send us your responses: [email protected]. Corporate treasury teams at multinationals with hundreds if not thousands of bank accounts need to control the opening and closing of accounts, know the identities of account signatories and have visibility to the cash in them. At the same time, managing every operational account from headquarters on a day-to-day basis in every…