BNY partners with Mizuho to boost trade

It seeks to reduce the complexities and costs associated with cross-border transactions.

BNY and Mizuho Bank announced a new partnership aimed at expanding their correspondent banking network to facilitate international trade.

The partnership, which leverages both institutions’ trade networks, seeks to reduce the complexities and costs associated with cross-border transactions, particularly in the face of rising regulatory demands around know-your-customer (KYC) and compliance.

This market-first agreement allows BNY Mellon and Mizuho Bank clients to access an expanded network, streamlining trade services and simplifying compliance processes.

Through BNY’s Trade Network Access Service, the agreement is expected to offer trade opportunities to corporate clients in Asia without requiring significant infrastructure investments.

Follow the link for more news on

Cross-border payments

Also Read

IFC, HSBC team up to introduce $1b risk-sharing facility

Bank of America’s CashPro app set to hit $1t in payment approvals

Since you're here...

...there are many ways you can work with us to advertise your company and connect to your customers. Our team can help you dight and create an advertising campaign, in print and digital, on this website and in print magazine.

We can also organize a real life or digital event for you and find thought leader speakers as well as industry leaders, who could be your potential partners, to join the event. We also run some awards programmes which give you an opportunity to be recognized for your achievements during the year and you can join this as a participant or a sponsor.

Let us help you drive your business forward with a good partnership!

I want to download the media kit