Leading international specialist car warranty company CG Car-Garantie Versicherungs-AG (CarGarantie) has substantial operations across Europe, including both euro and non-euro countries. In 2011, treasury recognised the substantial cost savings that SEPA (Single Euro Payments Area) offered to CarGarantie as an international business with a high volume of cross-border flows. By establishing a close, pragmatic relationship with UniCredit, the company has been able to fulfil its cash and treasury management objectives within the mandatory SEPA timescales.