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CASH MANAGEMENT SURVEY - CORPORATE 2023

Euromoney’s Cash Management Survey receives responses from the leading cash managers, treasurers and financial officers worldwide, telling us about the standard of international cash management services they receive from their banks. It is considered the benchmark survey for the global cash management industry and the most comprehensive guide to the cash management arena in the market.

In 2023, the Non-Financial Institutions survey received 28,924 responses, an increase of almost 7,000 responses compared to the 2022 survey.

For details of the Euromoney Cash Management Survey 2023 for Financial Institutions, please see here.

The re-use/distribution of any of the rankings requires the express permission of Euromoney Insight – please contact insight@euromoney.com if you wish to discuss this further.

USE THE TABS BELOW TO NAVIGATE THE RESULTS

Global
Regional
Regional by Industry
Domestic
Tech Providers
...
Market Leader
2023 2022   Bank
1 1   HSBC
2 2   Citi
3 3   Deutsche Bank
4 7   BNP Paribas
5 8   JPMorgan
6 13   Societe Generale
7 12   Bank of America
8 5   UniCredit
9 9   Standard Chartered
10 10   Santander Group
11 4   DBS Bank
12 14   BBVA
13 17   Commerzbank
14 25   ING Group
15 18   MUFG
16 6   Itau UniBanco
17 16   Bank of China
18 28   Credit Agricole
19 15   Mashreqbank
20 21   ICBC
21 29   FAB
22 27   Intesa San Paolo
23 19   Mizuho Financial Group
24 30   Emirates NBD
25 36   CaixaBank
26 22   UBS
27 51   Standard Bank
28 31   Raiffeisenbank International
29 40   Nordea
30 26   SMBC
31 43   Barclays
32 34   China Construction Bank
33 71   Wells Fargo
34 11  

Cash Management Survey Results 2022

To see the Euromoney Cash Management Survey 2022 results, please click here.

View Other transaction services Coverage

  • With appreciation of the merits of dynamic discounting continuing to grow, attention has turned to the extent to which banks are committed to supporting this growth and how to maximize the value of the data generated.
  • Industry experts observe that while the revised Payment Services Directive (PSD2) represents an opportunity for corporate treasury to take advantage of real-time payment processing, it will take some time for the full benefits to be realised.
  • Regulatory change, cost pressures, advances in technology and more-demanding customers: treasurers have a lot on their minds, but artificial intelligence (AI) is here to help.
  • Just seven months after the launch of the revised Payment Services Directive (PSD2), efforts made by many mainstream banks are stopping short of bringing about the ground-breaking changes many had expected.
  • Banks say virtual accounts can improve corporate cash management, giving a much clearer view of company accounts and helping treasury play a more strategic role within organisations. But corporate treasurers themselves may be confused about the benefits they offer, and may also have more important matters on their minds.
  • The UK Treasury’s inquiry into economic crime has identified fragmentation and inconsistency within the current anti-money laundering (AML) regime, while the high volume of suspicious activity reports is proving overwhelming for the regulators. But new technologies could be the light at the end of the tunnel.