There is no entering the global stage without a suitable banking network. Following a single bank strategy or using just one banking group likely will not meet the needs of all markets. The obstacle: finding a banking structure that will cater to both old and new markets. This is a time-consuming and complex process that raises many questions: How do I know which bank best meets my needs? What will this cost me? Do I need to comply with any regulations or legislation? Jumping all the administrative hurdles of international banking can be a nightmare.
BELLIN’s mission is to create global transparency in transaction banking by revolutionizing this administrative bank onboarding process for corporate clients. How can we make transaction banking transparent and efficient? How can we streamline the process of connecting to a bank? BELLIN’s groundbreaking new approach here is the concept of the Virtual Network Bank. How does it work? The key to improved transparency is standardization. By providing access to a virtual bank network that includes suitable banks in any country and for any requirements BELLIN paves the way for effortless international banking.
- sets up the administrative framework
- signs up banks all over the globe for you to pick from as needed
- recommends the right bank to match any of your requirements
- negotiates standardized contracts
- arranges standardized fees for complete cost transparency
- enables standardized KYC questionnaires
You benefit from a one-stop solution covering all your global banking needs – no hurdles, no hassle!
What’s more, both corporate clients and banks can reap these benefits. While the selection and onboarding of banks becomes much more straightforward for corporates, banks no longer need to deal with each customer individually and gain access to an entirely new customer base.