European Gate
Advantages
- Centralised payments
- One unified form for all participants
- One unified form of bank statement
- One contact point
Whom is it Suitable for?
European Gate is suitable for corporate clients holding their accounts or the accounts of their subsidiaries in more than one country where UniCredit Group operates.
Frequently Asked Questions
Yes. The principal (the Forwarding company) signs the main service agreement with the Unicredit bank with active European Gate.
The active party is the Forwarding company, while the passive party (Account holding company) executes the payment orders from its account.
Unicredit Bulbank sends MT940 bank statements from the account of the subsidiary to the bank of the Forwarding company via SWIFT.