Corporate News

BNF Bank plc announces a new USD correspondent Bank

February 6, 2018
June 20, 2023
BNF Bank plc announces a new USD correspondent Bank

The Bank of New York Mellon has been appointed as BNF Bank’s international partner, authorised to provide international funds transfer payment services to US Dollar on its behalf.

The Bank of New York Mellon is a leading American worldwide banking and financial services institution in New York City, operating in 35 countries in the Americas, Europe, the Middle East and Africa (EMEA) and Asia-Pacific.

In this new agreement, the Bank of New York Mellon shall act as the financial institution that provides services on behalf of BNF Bank plc by facilitating payment transfers in USD and also conducting business transactions, accepting deposits and gathering documents on behalf of the Bank.

Through the years Malta has become an investment hub, creating new opportunities for businesses. By means of the newly appointed USD correspondent bank, BNF Bank can continue to satisfy its customers with high-quality services and take the advantage of the commercial relationship between the Bank and the Bank of New York Mellon to facilitate foreign currency exchange and payment transfers in USD.

Further information can be obtained by contacting our Customer Care service on (+356) 2260 1000 or customercare@bnf.bank.