Banking services set up
Checking account in local/foreign currency
Other types of bank accounts
Payroll program for employees
FX
Debit/Credit card issuance
Short and mid-term financing
Liquidity management
Payment solutions
Automated collections via wires and cheques
Trade solutions
Merchant services
Connectivity solutions to ERPs (file upload, Host-to-Host, and SWIFT)
DETAILS
SPECIAL CONSIDERATIONS
- Eligibility for banking services depend on client’s profile.
- Services will be set-up at bank of your choosing or one recommended by us.
- LOSA will provide advisory during implementation process, by keeping a focus on:
- Best treasury practices
- Automation/technology efficiencies
- Reducing operational risk
- To speed up the process, a limited power of attorney given to a LOSA Associate may be needed.
Starting at $150 USD + VAT
Depends on service
One-time service
IMPORTANT
- Regional coverage per LATAM country may vary.
- Cost, requirements, and duration of implementation services, may vary per country.
- Deliverables for each LATAM countries may vary
OTHER LATAM COUNTRIES
Argentina
Bolivia
Brasil
Colombia
Chile
Ecuador
El Salvador
Guatemala
Honduras
Nicaragua
Panamá
Paraguay
Perú
Uruguay
Local treasury
MONTHLY ACTIVITY
Manage third-party relationships for treasury related activities (vendors, clients, government agencies, banks).
Guidance on banking products in LATAM according to your operational needs
Payment instruction execution (HQ can retain approval entitlements on banking systems).
Support and guidance for FX settlements through partner banks.
Conciliation of payments/receivables by using ERPs and other tech solutions.
Deposit or issuance of cheques at local branches.
Register any beneficiaries on electronic banking system.
Share reports and proof of payments on a daily or weekly basis to HQ.
Technical support to connect bank account(s) into your ERP via a
Host-to-Host or SWIFT connectivity
Ensure complete transparency of treasury operations to HQ.
Dispute on you behalf any banking fees or fraud attempts on your bank accounts.
Receive on a monthly basis our “Insights” report containing detailed information regarding public policies on LATAM, statistics of each LATAM country and relevant news..
Support your financial planning by providing monthly metrics of the Treasury operation
Request more information
DETAILS
Starting at $1,500 USD + VAT
Daily - weekly activities
Monthly service
SPECIAL CONSIDERATIONS
- Pricing depends on complexity of treasury scheme and volume of operations.
- Keen focus on:
- Information security,
- Best treasury practices
- Automation
- Reducing operational risk
- Full visibility for HQ
- HQ will retain “final approval” on all payment executions
- A limited power of attorney given to a LOSA Associate will be needed to complete most of the treasury tasks. The power of attorney can be revoked by the HQ at any time.
ADDITIONAL SERVICES
At an extra cost:
- Receive fiscal accounting management services
- Invoice all your expenses
- Generate tax invoices
- Submit a monthly and annual tax declaration on your behalf
IMPORTANT
- Regional coverage per LATAM country may vary.
- Cost, requirements, and duration of implementation services, may vary per country.
- Deliverables for each LATAM countries may vary
OTHER LATAM COUNTRIES
Argentina
Bolivia
Brasil
Colombia
Chile
Ecuador
El Salvador
Guatemala
Honduras
Nicaragua
Panamá
Paraguay
Perú
Uruguay
