Transactional banking or transaction banking is a specialized bank treasury services and product offering that includes cross border payments, risk mitigation, cash management services, trade financial deals. These services enable safe cash and securities transactions around the global financial framework. Transactional banking focuses on strengthening the liability side of the balance sheet of a bank, by efficiently facilitating core transactional requirements of clients within the financial system.
Clients for transaction banking can include corporate and commercial companies, multinational clients, corporate, government agencies & public sectors and financial institutions.Corporate clients can utilize transaction banking services when supporting their operational activities such as managing their cash flow. Transactional services can typically include payments, liquidity and commercial trade finance.