Transactional banking

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1. Bank relationship management.

Under a transactional banking approach, a corporate customer will select the best bank, or number of banks, for a particular transaction.


'Transactional banking' also refers to the particular banking transactions themselves, additional to core funds transfer and borrowings.

Understand your banks' business model
"Make sure that you know not only your own business, but your banks' business very well...
You need to understand the banks' costs of funding.
Transactional banking forms a key part of ancillary business, so if you remove it from a bank, you could place pressure on other banking products you use, such as your revolving credit facility."
The Treasurer magazine, Cash Management Edition April 2019 p18, Joanna Bonnett, group treasurer at Page Group.

See also