Terminate subscription to SWIFT's CLS Third Party ServiceCLS (Continuous Linked Settlement) Bank provides a global settlement system that reduces bank and systemic risk. However, achieving significant reduction in settlement exposures requires a critical mass of settlement value. CLS members need to settle trades between themselves but may also act upon trades with non-CLS members (third parties).
Many CLS members currently offer services to third parties whereby they input and settle cross-currency trades on behalf of their third party customer(s) with CLS Bank. Likewise, third parties communicate their foreign exchange transactions to their CLS settlement members.
SWIFT provides a global comprehensive solution to support the communication flow between CLS members and third parties (most of which already use SWIFT), so that they can provide cost-effective services to their customers.
| Terminate subscription to SWIFT's CLS Third Party Service |
| Use the link below to terminate your participation within a SWIFT's CLS Third Party service. |
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