UniCredit’s FX solution featured in GTR interview

In a recent interview with GTR, Wilhelm Stark, deputy head of finance at German wallpaper manufacturer Erismann, explains how, faced with unfavourable FX rates and fees when collecting payments from its UK-based subsidiary, it partnered with UniCredit to put a FX solution in place.

Stark explained that UniCredit was quickly able to implement UC PayFX – its fully automated FX conversion system – to processes all inbound and outbound payments through a single UniCredit euro account, and avoid paying conversion rates and high transaction fees to other international banks.

The full interview can be read at GTR here.