For specific details on how to begin settling payment instructions via CLS, please speak to a CLS third party service provider.
» Third Party Service Providers
Corporates may enter the FX market to fund obligations arising from business transactions and facilitate hedging of existing financial positions.
Corporates operating in the FX market today face a range of challenges, including pressures to reduce risk, maximize operational efficiencies and comply with an increasing number of regulatory requirements.
Settling FX transactions through CLS can help corporates address these issues. In addition to mitigating settlement risk, benefits include:
- Operational efficiencies and cost savings.
- Improved visibility of settlement process
- Minimized interest charges
- Improved liquidity management
- Increased speed of matching
- Enhanced business opportunities
Corporates can settle via CLS if their clearing bank has the ability to settle via CLS. For specific details on how to begin settling payment instructions via CLS, please speak to a CLS third party service provider.