BMO Capital Markets today said it is launching new global treasury-management services that will make it easier for companies in Canada and the U.S. to conduct business around the world.

The investment and corporate banking arm of BMO Financial Group said clients will be able to manage cash flow and all of C$, US$ and euro payments and receivables through a single BMO Capital manager, eliminating the need to deal with separate financial institutions in each country where they conduct business.

“By offering seamless global services, we can deepen our relationships with our clients by helping them simplify the process and save money at the same time,” said Marnie Kinsley, executive managing director and head of global treasury management, BMO Capital Markets, in a press release.

Under a new arrangement with Deutsche Bank AG, the world’s top euro clearer, Deutsche will provide and maintain European back-office treasury management support for BMO. Clients gain access to Deutsche’s vast European network and services.

“What this means for our clients is that they can fulfill all of their international treasury management needs through their existing relationship with BMO. Whether clients need to manage funds within Europe, Canada or the US, our global treasury management solutions make managing international cash flow easy,” Kinsley added.