ABN AMRO-BNI alliance

ABN AMRO-BNI alliance

JAKARTA (JP): ABN AMRO Bank of the Netherlands and state-owned
Bank BNI have entered into a nation-wide cash management network
to give their customers in Indonesia access to their combined
networks, the Dutch bank said here on Thursday.

The bank said under the agreement ABN AMRO customers could
take advantage of BNI's 600-branch national network for outgoing
payment, incoming transfer, cash and cheque collection as well as
payroll services throughout the country.

"The alliance is an excellent example of cooperation between
foreign and local banks to add value to the Indonesian banking
sector by offering integrated, cutting-edge banking services to
companies in Indonesia," the bank added.