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Payments General

Earthport implements Swift cross-border payments for Swiss bank

Tuesday 10 October 2017 | 02:00 PM CET

Earthport has been appointed by Swiss Euro Clearing Bank (SECB), a clearing hub for Swiss banks, to implement Swift processing services.

Due to this collaboration, Swiss Euro Clearing Bank will expand its cross-border payment services. Headquartered in Frankfurt, Germany, the clearing hub processes euro transactions for banks and other businesses based in Switzerland.

In 2016, the cross-border payments service provider has signed an agreement with India’s Axis Bank, to enable outbound cross-border payments for its clients via Earthport’s global payments network.

More: Link
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