Cole Augustine, Vice President & Deposit Relationship Manager, Union Bank

Selecting the Right Global Account Structure

In an increasingly interconnected world, an effective account structure is important. Paying vendors, government agencies, and employees with a system that works locally and internationally is key to knowing your global cash position and making informed investment decisions.

Please join us to discuss the issues any organization should consider when developing a payment system, whether they are just beginning to expand internationally or already operating throughout the world. 

Important topics of the discussion will include:

•  Deciding when it makes sense to “go local”
• Choosing the right partner banks
• Evaluating IAT and IACH payment options
• Establishing resident and non-resident accounts
• Defining value-dating conventions
• Understanding developments in SEPA
• Justifying costs of in-country accounts
• Resolving regional cash management issues
• Comparing local and cross-border payments 

Cole Augustine is a Vice President and Deposit Relationship Manager for Union Bank’s Commercial Treasury Services division in Oregon. The Commercial Treasury Services group works with medium to large companies on a consultative basis to develop a domestic and international payment and liquidity strategy.

Cole is a member of Union Bank’s Global Business Coordination Unit, which focuses on leveraging our global capabilities to simplify banking operations and reduce costs for multi-national companies’ domestic and offshore operations.

Cole holds a Certified Treasury Professional (CTP) designation from the Association for Financial Professionals and a Bachelor of Science in Marketing from Colorado Technical University.