services to financial institutions Based on our experience in International Business we offer to Financial Institutions a wide range of services, namely:
- Account Servicing;
- Euro Clearing (CGD is a direct participant in the two Euro clearing systems of the Euro Banking Association – namely EURO 1 and STEP 1 – as well as in TARGET);
- Direct Participant and Entry-Point for payments into Portugal through STEP 2;
- Trade Finance Operations, such as letters of credit;
- Multi-Currency Cash-Letter Services (PDF 154k);
- Connector (Cash Management);
- Pension Payments;
- Low Value Payments (PDF 259k);
- Custody Services;
- Market Information.
Apart from the dominant position in the portuguese market, you will find a wide range of reasons to choose CGD as your preferred partner for your needs in Portugal:
- CGD has a competitive and flexible pricing for euro-payments
- We are commited to help you reduce the operative costs of your payments, through a detailed Quality Report, where you will find all the information you need to improve your STP ratio
- CGD is the best rated portuguese bank and has the widest branch network all over the country
- We have a team of experienced people, well versed in resolving queries and fluent in English, who are at your disposal for any assistant or information you require
- CGD is the oldest Portuguese EBA clearing bank and has been actively involved in the activity of the EPC and in particular in the establishment of the PE-ACH
If you wish to receive a tailor made offer for our services, please do not hesitate to contact your dedicated
relationship manager.