Multi-currency reach via single API: Access to multiple local schemes and local IBAN or account capabilities in Euros (EUR), Pound Sterling (GBP), Danish Krone (DKK), Swedish Krona (SEK), and Australian Dollars (AUD) via one single API integration – with more to come in 2025 and beyond.
As part of its continued ambition to become a leading global clearing provider, Banking Circle has significantly strengthened its embedded financial infrastructure with direct access to the Swiss Interbank Clearing (SIC) system. „This latest development represents major progress in the bank’s mission to build a global payments platform with interoperability at its core and deliver instant, low-cost, scalable cross-border solutions across Europe.” – according to the press release.
„With this new capability, Banking Circle clients can now benefit from comprehensive support for both Real-Time Gross Settlement (RTGS) and Automated Clearing House (ACH) transactions in Swiss Francs (CHF), coupled with access to Liechtenstein-issued VIBAN accounts designed to provide full operational control and compliance alignment.” – the company said.
This new CHF payment solution delivers three core benefits:
· Direct access to domestic and cross-border CHF payments: A fully integrated, real-time connection to Liechtenstein and Switzerland payment schemes via the SIC system
· Seamless account management: Efficient and scalable account infrastructure using Liechtenstein-issued VIBANs tailored to clients’ operational, regulatory, and market-specific needs
· Multi-currency reach via single API: Access to multiple local schemes and local IBAN or account capabilities in Euros (EUR), Pound Sterling (GBP), Danish Krone (DKK), Swedish Krona (SEK), and Australian Dollars (AUD) via one single API integration – with more to come in 2025 and beyond.
The addition of CHF means Banking Circle now provides direct access to local payment schemes and local account infrastructure for five of the twelve major currencies in Europe and the UK, reinforcing the company’s market-leading position for real-time payments in multiple currencies. This quota also reflects its ambition to become a super-correspondent bank for global B2B that removes barriers currently holding back market demand from European businesses for instant payment flows and enhances financial inclusion across the continent.
“This is another clear signal that the market wants to see improvement in global payments infrastructure and we intend to be the go-to payments bank for financial institutions across Europe looking for simplified, accelerated, real-time transactions,” said Laust Bertelsen, Chief Executive Officer at Banking Circle. “CHF is a major piece in solving that puzzle – and now clients can have direct access to that system through our single API tech-first platform which drives seamless customer experiences, transparency, control and reduces cost and complexity across their payment value chain.”
The CHF solution is live now, with full commercial rollout underway. Banking Circle’s expansion continues in line with its long-term strategy to build an international clearing network that supports the needs of businesses operating across multiple geographies. The company remains focused on delivering financial infrastructure that unlocks new business models and drives the next generation of payments in Europe and beyond.
As more businesses and payment systems come online within Banking Circle’s payments platform, its customers will benefit from ever-greater levels of speed and efficiency. From onboarding to transaction, clients can now manage their payment flows across five key European currencies through a single integration – reducing fragmentation, removing reliance on sponsor banks, and helping financial institutions of all sizes to thrive in a real-time economy.
Banking 4.0 – „how was the experience for you”
„To be honest I think that Sinaia, your conference, is much better then Davos.”
Many more interesting quotes in the video below:
