Transactional banking: Difference between revisions
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* [[Ancillary business]] | * [[Ancillary business]] | ||
* [[Business model]] | * [[Business model]] | ||
* [[Relationship]] | |||
* [[Relationship banking]] | * [[Relationship banking]] | ||
* [[Revolving credit facility]] | * [[Revolving credit facility]] | ||
* [[Transaction]] | |||
* [[Transactional]] | |||
[[Category:The_business_context]] | [[Category:The_business_context]] | ||
Latest revision as of 11:17, 14 July 2022
1. Bank relationship management.
Under a transactional banking approach, a corporate customer will select the best bank, or number of banks, for a particular transaction.
2.
'Transactional banking' also refers to the particular banking transactions themselves, additional to core funds transfer and borrowings.
- Understand your banks' business model
- "Make sure that you know not only your own business, but your banks' business very well...
- You need to understand the banks' costs of funding.
- Transactional banking forms a key part of ancillary business, so if you remove it from a bank, you could place pressure on other banking products you use, such as your revolving credit facility."
- The Treasurer magazine, Cash Management Edition April 2019 p18, Joanna Bonnett, group treasurer at Page Group.
