FUIB has received an award from the Commerzbank AG
25 July 2017
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FUIB has received an award from one of the main correspondent banks of the Commerzbank AG.
The award emphasizes the high STP-level (Straight Through Processing) of payments in euros sent through the SWIFT system in 2016. We managed to achieve this as a result of automation of the payment processing process. The highest STP-percentage ensures a low percentage of errors with a simultaneous decrease in operating costs, which directly affect the cost of payments.
This award indicates that all FUIB transactions comply with international standards and are instantly processed by correspondent banks.
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