NEW YORK, Oct. 29, 2026 /PRNewswire/ — Mitsubishi UFJ Financial Group (MUFG), one of the world’s largest global financial groups, proudly announces the launch of Virtual Account Management (VAM), a new digital liquidity solution designed to help clients simplify cash management, improve cash visibility, and streamline treasury operations.
VAM enables organizations to link multiple virtual accounts to a single physical account. By reducing the need for multiple bank accounts, clients can simplify structures while maintaining visibility and control over cash flows. Benefits could include improved reconciliation, centralized liquidity management, enhanced transparency, and greater operational efficiency.
The release follows a successful pilot program by MUFG, where VAM was used to establish virtual accounts, process U.S. dollar transactions, and leverage enhanced reporting capabilities.
“I am pleased that we are expanding our Liquidity Solutions to include VAM,” said Val Strappa, Head of Transaction Banking at MUFG. “This demonstrates our commitment to providing a comprehensive suite of cash management services and global connectivity to our clients to more efficiently manage their liquidity.”
In addition to the launch of VAM in the Americas, MUFG Bank is also exploring opportunities to expand this solution globally.
About MUFG and MUFG Americas
Mitsubishi UFJ Financial Group, Inc. (MUFG) is one of the world’s leading financial groups. Headquartered in Tokyo and with over 360 years of history, MUFG has a global network with approximately 2,000 locations in more than 40 countries. The Group has about 150,000 employees and offers services including commercial banking, trust banking, securities, credit cards, consumer finance, asset management, and leasing. The Group aims to “be the world’s most trusted financial group” through close collaboration among our operating companies and flexible response to all of the financial needs of our customers, serving society, and fostering shared and sustainable growth for a better world. MUFG’s shares trade on the Tokyo, Nagoya, and New York stock exchanges. For more information, visit https://www.mufg.jp/english.
MUFG’s Americas operations, including its offices in the U.S., Latin America, and Canada, are primarily organized under MUFG Bank, Ltd. and subsidiaries, and are focused on Global Corporate and Investment Banking, Japanese Corporate Banking, and Global Markets. MUFG is one of the largest internationally-headquartered financial institutions in the Americas. For locations, banking capabilities and services, career opportunities, and more, visit https://www.mufgamericas.com/.
Media Contact:
Benjamin Glaser
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SOURCE MUFG Bank, Ltd.
