Search results
Results from the WOW.Com Content Network
Since 1987, the SIC system has been operated by SIX Interbank Clearing (100% owned by the SIX Group) on behalf of the Swiss National Bank (SNB). [1] [3] 12 Swiss banks participated in the launch. The SIC was one of the first real-time gross settlement system operating worldwide, following Cedel launched in 1970. [2]
The Swiss Euro Clearing Bank or SECB is a special-purpose bank based in Frankfurt, Germany, whose role is to facilitate transactions in euros by banks in Switzerland and Liechtenstein. It is the centerpiece of the euroSIC system, which is the euro counterpart to the Swiss Interbank Clearing (SIC) system for transactions in Swiss francs. [25]
An automated clearing house (ACH) is a computer-based electronic network for processing transactions, [1] usually domestic low value payments, between participating financial institutions. It may support both credit transfers and direct debits .
RIX (Swedish: Riksbankens system för överföring av kontoförda pengar) [46] Switzerland: SIC (Swiss Interbank Clearing) [47] Taiwan: CIFS (CBC Interbank Funds Transfer System) [48] Tunisia: Système de Virements de Gros Montant Tunisien (SGMT) [49] Tanzania: TIS (Tanzania Interbank Settlement) [50] Thailand
SIX Group#SIX Interbank Clearing; This page is a redirect. The following categories are used to track and monitor this redirect: From a subtopic: ...
The Clearing House Payments Company (also known as PayCo), which operates the Clearing House Interbank Payments System (CHIPS) in the U.S. CME Clearing, ICE Clear Credit, and the Options Clearing Corporation, involved in derivatives clearing in the U.S. Eurex Clearing in Germany, SIX SIS in Switzerland, London Clearing House in the euro area ...
These business units include services like clearing, acting as central counterparty, custody services, market data services, share registry, payment services, and running the real-time gross settlement (RTGS) system on behalf of the central bank of Switzerland, the Swiss National Bank.
A bank clearing number or BC number is a number used for the identification of financial institutions in Switzerland and Liechtenstein. Bank clearing numbers are connected to the Swiss Interbank Clearing and the euroSIC system. Bank clearing numbers consists of 3 to 5 digits.