Our team at BOSLIL is happy to announce that we have now added ING Belgium SA/NV to our correspondent banking network. ING Group is one of Europe’s market leaders in the Payments business with a strong commitment to this market segment, including competitive pricing.
BOSLIL will route all outgoing cross-border payments in the main currencies USD, EUR, GBP, CHF, CAD, AUD, NZD and HKD via ING Belgium, while we will continue to use Lloyds TSB Bank as our correspondent bank for all other currencies. With ING we will be able to continue improving our service to you, our valued clients.
Some of the benefits of receiving funds via ING include:
• ING’s high degree of automation will increase the speed of transaction processing and thus we will be able to provide you with liquidity faster.
• ING will not deduct any fees from the amount to be credited, which means that you will receive more money into your account.
All of our accounts with Lloyds TSB Bank will remain active and incoming funds in your favour will continue to be processed.
We recommend that you provide your debtors with the new BOSLIL Wiring Instructions listed below for commercial payments and also amend your invoices as soon as possible. For example, the payment section of your USD-invoice could read as follows:
Please transfer USD payments via JPMorgan Chase Bank, New York (SWIFT: CHASUS33) to:
ING Belgium SA/NV (SWIFT: BBRUBEBB) for credit of:
Bank of Saint Lucia International Ltd (Rodney Bay Village, Gros Islet, St. Lucia,
Account Nr: 301-0104693-14/USD, (SWIFT: BSLULCLC),
For further credit to: Final Beneficiary Name, Account Nr:
For more information on ING, please visit their website www.ing.com.
If you require additional details or support, please do not hesitate to contact firstname.lastname@example.org or your personal account manager.
New BOSLIL Wiring Instructions:
Client Relations Supervisor