For the second consecutive year, Converse Bank has received the “Euro STP Excellence Award”.

“This prominent recognition has been presented by KBC Bank N.V., a top European bank, for “adherence to highest standards of quality and exceptional growth of international payments”. The prize supports the fact that the operational services provided by Converse Bank are in line with internationally accepted quality standards,” Converse Bank said in a statement.

“Converse Bank is consistent in offering high quality services in entire range of its products and international transactions particularly. In 2018, we processed 99.96% of Euro remittances without any human intervention, ensuring maximum speed of transfers’ execution (Straight Through Processing), which was recognized by our partners for the second consecutive time. We highly value the cooperation with KBC Bank N.V. and consider this recognition one more milestone in achieving operational excellence,” said Nelli Kocharyan, Head of International Relations and Trade Finance division at Converse Bank.