Fortis - International Banking and Insurance Services

Fortis is an international provider of banking and insurance services to personal, business and institutional customers. We deliver a total package of financial products and services through our own high-performance channels, and via intermediaries and other partners.

Fortis ranks among Europe’s top 20 financial institutions. With excellent solvency, a presence in over 50 countries and a dedicated, professional workforce of above 60,000, our company combines global strength with local flexibility.

SUPPLY CHAIN AND CASH MANAGEMENT SOLUTIONS

Fortis supply chain and cash management solutions are developed by a dedicated unit in which our supply chain professionals join forces with our cash management team. This unique combination enables us to develop an integrated approach, assessing all essential elements in your processes and finding appropriate solutions tailored to the specific requirements of each client.

FINANCIAL SUPPLY CHAIN STREAMLINE

As your supply chain increases in breadth and complexity, you need a bank that ensures you that your financial supply chain gives you a competitive edge. In each supply chain an enormous amount of information is available.

We create value for you by finding tailor-made solutions to the new challenges presented by the global supply chain. Proven liquidity and information management frameworks are extended to further integrate the various physical, financial and information flows that make up the supply chain.

Tailor-made solutions for your cash management include:

• Payments, collections and pooling
• Electronic banking solutions / connectivity

You benefit from a fully integrated service in processing your domestic and international payments and collections. We provide assistance with the implementation of international credit transfer systems and related (multi-bank) account structures. You can combine this with state-of-the-art pooling products.

MULTI-BANK PAYMENT SERVICE

We provide instant access to our multi-bank payment initiation and account reporting services. Both Windows and web-based versions keep track of the transactions and balances in your domestic and international accounts. Direct connections to Fortis are possible where customers and Fortis exchange balance and reporting information, file funds transfer and exchange status messages.

CENTRALISED INTERNATIONAL BANKING

Our pan-European network now reaches across continental Europe, the UK, Scandinavia and Central and Eastern Europe, and we are expanding into Asia. While clients often have activities across many countries, they look to maintain transparency and control centrally.

Similarly, we work with our clients in each of the countries in which our services are required, whilst ensuring a centralised and coherent approach. Wherever you operate, you will find the same delivery of our products and services as well as the same assistance from our relationship managers.

SEPA PAYMENT INFORMATION

Now that companies are becoming increasingly aware of the importance of the financial supply chain, there is a growing understanding that efficiency in this area helps a company maximise its working capital. This is possible by providing the company with more robust payment information. SEPA takes the Euro to the next level.

It establishes pan-European standards for specific products, such as credit transfers, direct debits, and debit and credit cards. Together with the European Payment Service Directive (PSD), which calls for speed and transparency, it will fundamentally change the way payments are handled in Europe.

FINANCIAL SUPPLY CHAIN MANAGEMENT

Fortis has a long history in the field of cash management and financial supply chain services. We have been actively involved in the realisation of SEPA and are a driving force in reshaping the international payments landscape through our participation in working groups of the European Payments Council (EBA and SWIFT). We were the first bank to sign the EPC Adherence Agreement and one of the first to complete the SEPA SWIFT testing process.

INTERNATIONAL BANKING SPECIALISTS

Fortis has an international network of specialists in the major business centres. In Europe we offer support from amongst others Athens, Budapest, Brussels, Cologne, Copenhagen, Frankfurt, Istanbul, Lisbon, London, Luxembourg, Madrid, Milan, Paris, Prague, Rotterdam, Stockholm, Warsaw, Zurich and in Asia from Shanghai, Singapore and Taipei. This means we are always there to offer you full support in the management and development of your activities.