As businesses grow they look to your institution to satisfy their international cash management needs. Many US community banks and credit unions are unable to provide these services outright, resulting in clients being forced to seek solutions with larger, impersonal, global banks who compete for day-to-day services. In the end, this may result in the loss of stable income that had been with your institution for many years.
Often, your client doesn’t want to have to move all of their business in order to do just some of their business.
