Virtual Branch
Virtual Branch supports two different business propositions for the Bank. One is ability for bank’s customers to get access to local payment infrastructure in countries where they don’t have physical account. The other is allowing bank’s customers to operate in virtual currencies without having an in-country bank account.Head of Cash Management, Tietoevry Banking
Access to local payment infrastructure
Having the capability to use and interact with the payment systems and facilities that are specific to a particular local area or region.
No in-country physical accounts
There is no necessity to have a traditional, physical bank account specifically established within a particular country.
Reduced cost of transaction processing
A decrease in the overall expenses associated with handling and completing financial transactions.
Virtual Branch leaflet
Explore the future of banking! Download our leaflet to discover Tietoevry Banking innovative solution—Virtual Branch. Empower banks to provide customers with in-country bank accounts in foreign currencies, eliminating the need for physical accounts. Learn how our cutting-edge technology leverages service accounts, making banking seamless across borders. Grab your leaflet now for a glimpse into the future of borderless banking!