The language of treasury in emerging markets
Clear, plain-language definitions of the terms behind USD liquidity, FX access, and cross-border settlement across Africa and Latin America.
USD Repatriation
USD repatriation is the process of converting locally-held earnings into U.S.
FX Allocation Backlog
An FX allocation backlog is the queue that forms when demand for foreign currency — usually U.S.
Correspondent Banking
Correspondent banking is the network of intermediary banks that route cross-border payments between institutions that don't hold accounts with each other.
Cross-Border B2B Payments
Cross-border B2B payments are transfers of funds between businesses in different countries — for example, an importer paying an overseas supplier.