Local-currency treasury matching

A corridor only works when both sides have a use for the other’s currency. Matching is the work of finding, across the network, the counterparties whose flows offset each other.

What the work covers

• Assessing the currency demand and supply profile of each member bank.
• Identifying counterparties elsewhere in the network whose position is complementary.
• Arranging the introduction and supporting the two banks through their commercial terms.
• Advising on operational parameters: limits, thresholds, reconciliation cadence and settlement timing.
• Monitoring corridor balance and identifying when an additional counterparty is needed.

Where the position sits

HAEMPCS arranges and advises. It does not quote, buy, sell or convert currency on its own account, takes no position in any currency, and does not hold, receive or settle funds. The treasury position belongs to the two licensed banks.