Business Services Industry
Brazil : BM&F selects banks for clearing.
South American Business Information, July, 2001
Brazil, Jul 30, 2001
Clearing chamber of BM&F (Bolsa de Mercados & Fundos) has selected 4 banks to manage its foreign accounts. They are ABN Amro, Citibank, Bank of America, and Standard Chartered. The chamber will start business in November 2001, already adapted to the Brazilian payment new system SPB (Sistema de Pagamentos Brasileiro).
Copyright (c) 2001, South American Business Information, All rights reserved.
INDUSTRY KEYWORD: Financial Services
EVENT: Planning & Information
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