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DongA Bank receives Bank of Mellon’s award

(VOV) - Bank of New York Mellon (BNY Mellon) has recently presented its prestigious ‘Excellence Straight Through Processing (STP) Award for 2013’ to DongA Bank.

May 20, 2014 5:40 PM GMT+7

The system named – Straight Through Processing (STP) – allows transactions to be completed electronically without the need for re-keying or manual intervention.

Last year, STP between the two banks reached more than 98 percent of total payments.

The STP Award, granted every year by BNYMellon, acknowledges outstanding performance with respect to payment processing.
 
BNY actively supports DongA Bank in training, contributing to raising the proficiency of its staff.
        

                                                                                                                    By Ngoc Van