What are the benefits to multinational companies in managing their finances through electronic banking platforms like ScotiaGlobal?
AM: Multinational companies typically operate in a number of different countries and tend to structure themselves with centralized control over banking and treasury functions. They look to a banking partner with global capabilities to provide the local knowledge, support and transactional capabilities they require where they do business. With Scotiabank’s presence in some 50 countries, we are uniquely positioned to provide business customers with integrated solutions for their local and global banking needs. ScotiaGlobal electronic banking is an example of just this type of a solution. The service enables designated individuals, regardless of location, to sign on to the system once to access local banking platforms in Canada, the U.S. and Mexico. Customers can monitor and control their cash position and manage their cross-border operations for the NAFTA region with convenience from one centralized location. As well, ScotiaGlobal is a multilingual system with language preferences for En
