BBVA renews its global cash management solution

The solution allows centralized operations in 15 countries and 24 currencies via direct channels – SWIFT, online, and by app

BBVA

BBVA renews its global cash management solution. Source: flickr.com

BBVA has renewed its range of services for companies with BBVA Pivot – an ecosystem that simplifies cash management for international companies.

The service for companies is available in South America (Argentina, Peru, Colombia, Uruguay, and through a partner in Chile), Europe (Spain, Turkey, Belgium, France, Portugal, and the UK), Mexico, the US, and Hong Kong.

This solution targets any company with activities in several of these countries, or that wants to expand into a new European or American market. It can manage its finances with a single and uniform digital experience, regardless of the type of operation it carries out, the currency it works with, or the schedule or regulations of the region in which it is located.

BBVA Pivot is an ecosystem of channels and global solutions for cash management services with which BBVA hopes to meet the transactional needs of our business customers operating in different countries. Our digital approach not only allows us to manage all operations from a single point, but it also includes a team of globally coordinated professionals to support companies in their multinational business activities
Onur Genç, BBVA CEO

BBVA Pivot brings together several solutions and channels:

  • Pivot Net allows access, via app or the internet, to all global and local services, allowing electronic banking operations in any country via a single solution.
  • Pivot Connect is the system that enables company cash systems to be connected directly via Host to Host and Swift, meeting the information and payment collection needs of multinational clients.
  • Global Supply Chain Finance is the solution that allows corporate customers to optimize their working capital while helping to improve the financial well-being of their suppliers.
  • Commercial Cards provides companies with greater control over the use of corporate cards by simplifying the review and authorization processes for employee expenses.
  • Agent allows the monitoring of the different syndicated loans for which BBVA is an agent bank, thereby making all the information on their financing available.

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