The Global Transaction Banking covers anything that is a 'financial transaction'. However, different banks tend to organize their multiple Lines of Business (LoBs) under GTB based on different functional and geographical constraints. The common denominator would be Payments, Collections and Cash & Liquidity Management. Trade and Supply Chain Finance, Corporate Treasury, Securities and Custody all extend the realm of this offering. Financial Institutions and Correspondent banking too could be within the purview, based on the business model of the bank, its priorities, reach, brand and other associated parameters.
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