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Notional cash pooling avoids the physical transfer of foreign exchange, reducing FX risk. The US tech manufacturer's Yvione Zhou explains how it works in Asia.
Lowering international payment costs in line with the huge flows from e-commerce is vital, says Westpac. Being AML and KYC compliant equally so.
MNCs tell CT how they are taking advantage of pilot programs in China to repatriate trapped renminbi and streamline cash management.