With effect from January 1, 2023, ETRIS BANK has taken over full central payment for MITEGRO.
Wuppertal – MITEGRO GmbH & Co. KG is a cooperation of eleven medium-sized and owner-managed electrical wholesalers in Germany and Austria with a total of more than 250 locations – a powerful community that has now found another strong partner with the decision to cooperate with ETRIS BANK.
With a modern technical infrastructure adapted to MITEGRO’s needs, all preparations were completed successfully and on time, so that since January 1, 2023, the technical central payment of the affiliated companies and suppliers belonging to MITEGRO has also been carried out via ETRIS BANK.
The connection to ETRIS BANK offers MITEGRO the following advantages in particular: access to a future-proof, audit-proof and standardized central settlement system, security in dealing with the increasing regulatory requirements and ensuring full risk coverage.
With this customer relationship, ETRIS BANK once again demonstrates its capabilities as a competence center for receivables and risk management for both medium-sized and large buying associations.
By switching to ETRIS BANK, MITEGRO has opted for a modern and efficient corporate bank with an excellent rating in order to secure its future viability.
Due to its special roots, ETRIS BANK has access to over 90 years of experience in goods, SMEs and finances – this is reflected in market-driven services in the area of central payments.
Uwe Müller, Chairman of the Managing Directors of ETRIS BANK: “We are delighted to have gained MITEGRO, a strong and successful buying association, for ETRIS BANK. With our decades of experience through the parent company and our young, dynamic team, we are well positioned to professionally manage the challenging central payment for MITEGRO.”
Press release as PDF for download: 230202_EDE_Press_Release_Starke_Partner_-_ETRIS_BANK_takes_over_the_central_regulation_for_MITEGRO
