Chaabi International Bank Offshore honored by CommerzBank

Consecration for Chaabi International Bank Offshore (CIBO). The offshore bank of the BCP group won the STP Award 2021 with the mention “Excellent quality” for the quality of its cross-border payments.

This trophy, designated by CommerzBank, thus comes on top of three other distinctions received by CIBO from Standard Chartered Bank in 2014, Wells Fargo in 2015 and CommerzBank in 2017. Since its creation, the BCP group subsidiary has been committed to an insurer “better customer experience for all of its corporate customers and financial institutions, in particular via an avant-garde, adaptable and scalable international payments platform, in accordance with the standards of major international organizations”, underlines the bank in a press release . As a reminder, the STP Award is given each year to banks presenting an exceptional level of quality in the processing of international payments, in compliance with the strictest standards.

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