Why BAT, Tata, and Mondelez set up their RTCs

Corporate treasurers of some of the world’s largest companies discuss why and where they established their regional treasury centres (RTCs).
Why BAT, Tata, and Mondelez set up their RTCs

When choosing a location for their RTC, corporates take into account their future plans, their current footprint, as well as short and long-term goals. Key factors that treasurers and CFOs look for when selecting a place to establish their RTC is foreign exchange convertibility, ease of cross-border fund movements, the pool of human talent, capabilities of banks, along with quantitative factors such as tax treaties, foreign tax credits and tax profiles.

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