- 01What lock-in looks like
Proprietary files
Payment files built to one bank's proprietary layout, so switching means re-testing every payment type.
- 02What lock-in looks like
Portal sprawl
Cash visibility that depends on logging in to several portals and downloading files by hand.
- 03What lock-in looks like
Opaque fees
Fees nobody can easily check, because the statements don't line up with the agreement.
- 04What lock-in looks like
Single point of knowledge
Integration knowledge held by one person or one vendor.
- 05What bank-agnostic looks like
Standard formats
Standard formats (ISO 20022 where it's ready, BAI2 where it isn't), documented per bank.
- 06What bank-agnostic looks like
Deliberate channels
Channels chosen for resilience and cost, not habit.
- 07What bank-agnostic looks like
One view
One view of cash and fees across every bank.
- 08What bank-agnostic looks like
Switchable banks
The ability to "turn a bank on or off" without a project.
Why bank-agnostic
Banks should be interchangeable. Your treasury shouldn't have to change when they do.
"Bank-agnostic" is an established idea in treasury: use common channels and standard formats so that you can add, replace or drop a bank without rebuilding your processes.
01From lock-in to bank-agnostic, in eight steps
02The case
Cheaper to change. Easier to run.
Industry writers describe the benefits as lower cost and effort when changing banks, the ability to harmonise processes, and better efficiency. That matches what we see in practice.
- 01We don't sell banking services or treasury software.
- 02Clients pay us directly. If we ever receive compensation from a bank or vendor we mention, we disclose it next to the mention.
- 03We cite public sources and label opinions as opinions.
- 04Our free tools are zero-custody: your files stay on your device.