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RBS says 50 billion euros-plus of cross-border payments threatened by Brexit

RBS says 50 billion euros-plus of cross-border payments threatened by Brexit "Given the quantum of affected payments and lack of short-term contingency arrangements, in the event that such euro clearing capabilities were not in place in time for a Hard Brexit or as required in the future, it could have a material impact on the Group and its customers," the bank said.

from Moneycontrol Latest News http://bit.ly/2tnaUoH
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