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Converse Bank has been presented with “Euro STP Excellence Award 2017” by the leading Belgian bank KBC Bank N.V. for the high quality and unprecedented growth of international money transfers.

This prestigious award evidences that the services provided by the bank are in line with the internationally accepted high quality standards. Processing of transfers is fully automated, not requiring human intervention, thus ensuring maximum speed of transferred funds becoming available to the beneficiary, the bank’s press service reported.

“This is a double achievement for us since in 2017 we managed to retain the high level of quality alongside with significant quantitative growth in remittances via SWIFT system,” said Grant Akopian, Financial Director of Converse Bank.

Partnership between KBC Bank N.V. and Converse Bank has more than 10 years of history. The banks successfully cooperate both in correspondent relations and trade finance sectors, with each year steadily expanding the scope of interaction.