Managing cash across Asia can be a tricky business. For cash managers, the quest to better manage cash in the region involves walking a wire pulled taut by chequered regulatory environments, multiple currencies and disparate practices and delivery channels.
The region's infrastructure and technology landscape is uneven. In markets like Australia, electronic transactions tip the scales, while those like Vietnam are still largely paper-based. Yet others, China for instance, are leapfrogging intermediate technologies - skipping dial-up telephone banking and moving directly to internet banking.
Cash managers say the state of affairs has improved. Infrastructure is developing surely and rules are being rewritten even in China, deemed to...
