Bacs and FPS participation
Agency banking gives direct or indirect access via an agent bank to interbank processing infrastructure for UK and European payment schemes. It enables companies to send and receive SEPA, Bacs, FPS and Swift payments on their behalf or on behalf of their customers, via their own IBANs.
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SEPA Instant Credit Transfer
Instant payments in Europe in 2022 are at an inflection point. The SEPA Instant Credit Transfer scheme finally has broad adoption throughout Europe and planned regulation is aiming to remove remaining frictions.
Payment operations teams are presented with a unique opportunity to build better experiences and make treasury workflows finally real-time.
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