SECB and Earthport in payment processing deal
Written by Anthony Strzalek
Swiss Euro Clearing Bank (SECB) has selected Earthport, a payment network for cross-border transactions, to provide SWIFT payment processing services.
Headquartered in Frankfurt, Germany, SECB processes euro transactions for banks and other businesses domiciled in Switzerland. The new contract with Earthport will enable SECB to enhance its cross-border payment capabilities, further increase payment processing efficiency and add greater value to its customers.
Roland Böff, CEO of SECB, said: “SECB has always been highly committed to providing its clients with secure and efficient payment services in euros on a global basis. The arrangement with Earthport will help us to further strengthen our service offering for our customers.”
Hank Uberoi, CEO of Earthport, added: “We are delighted that SECB has selected Earthport to support its cross-border payment business. We are committed to developing our presence in Germany, Europe’s largest economy, and to bringing the efficiency, security and transparency of the Earthport payment network to businesses in the region. We look forward to partnering with SECB to provide improved payment capabilities to its clients.”