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What to consider when choosing a business bank.

Publication: San Diego Business Journal
Publication Date: 27-SEP-04 		Format: Online - approximately 840 words
Delivery: Immediate Online Access
Full Article Title: What to consider when choosing a business bank.(Advertising Supplement)

Article Excerpt
It used to be that businesses only needed to compete in a local environment. The global marketplace was reserved for the select few. But now, with a majority of businesses maintaining an online presence, working with international markets, using greater foreign sourcing and offshore production centers, they not only have to know how to compete locally, they have to know how to compete globally.

To serve this need, some banks are staffing with trained officers who understand what it takes to compete in international markets. These officers understand banking strategies for managing cash.

For example, a banking officer serving a global company often has to consider currency exchange strategies and create a risk management plan for payment streams from both letter of credit and open...

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