Bank of America, Earthport Sign Strategic Agreement

Bank of America Merrill Lynch and Earthport

, the cross-border payments service provider and existing key supplier for the bank, today announced a multi-year agreement to significantly expand Bank of America Merrill Lynch's low-value clearing capabilities globally, and to advance the efficiency of its high-volume, low-value payments. The agreement provides the bank's global corporate client base with a greater number of solutions in more countries to help them process payments around the world.