Earthport Delivers Expanded Access of Cross Currency ACH Payments

Earthport is pleased to announce an expanded service with Bank of America Merrill Lynch.  This service will add numerous new countries and currencies to the bank’s online and file based banking portal, CashPro, further expanding the bank’s international ACH payment capabilities. BofAML clients can now access cross currency payments in more than 60 countries and nearly 25 currencies. This expanded access represents a significant development of the strategic relationship between Earthport and BofAML that was first announced in 2013.

Hank Uberoi, CEO of Earthport, commented: “BofAML is one of the world’s largest payments and cash management bank and we are delighted to be extending our services to them, bringing real efficiency and transparency to cross-border payments for their clients. The innovation that BofAML is bringing to payments is exciting and we are thrilled to be playing a part in it.”

For further information, please contact:

Earthport plc                                                                                                                      020 7220 9700

Hank Uberoi, Chief Executive Officer

Simon Adamiyatt, Chief Financial Officer

Newgate                                                                                                                             020 7653 9848

Bob Huxford/Helena Bogle

N+1 Singer (Nominated Adviser and Joint Broker)                                           020 7496 3000

Mark Taylor/James White

Shore Capital (Joint Broker)                                                                                        020 7408 4090

Bidhi Bhoma/Toby Gibbs