SSI Plus

Worldwide standing settlement instructions for both retail and wholesale payments

As a financial institution or global corporate you may need to process thousands of cross-border retail and/or FX and money market-related wholesale payments each day.

Access to accurate and up-to-date Standing Settlement Instructions (SSI) is critical. It will ensure a fast and accurate cross-border payments process, help reduce settlement risk and improve your straight-through processing (STP) rates.

With SSI Plus you’ll have everything you need to address your SSI needs for both retail and wholesale payments.

SSI Reference DataSSI Reference Data

What issues can you resolve with this directory?

  • Identify beneficiary bank and name
  • Identify a beneficiary bank’s correspondents for various currencies where available
  • Identify the correspondent per asset category
  • Identify a beneficiary’s account number with the correspondent
  • Identify holding account institutions if the beneficiary institution has no direct correspondent relationship
  • Present preference, if expressed by the owner of the SSI, where more than one SSI per currency is present

What can you find in this directory?

SSI Plus directory includes the SSI Retail and SSI Wholesale directories.

  • Beneficiary’s name and BIC code
  • Beneficiary’s correspondent BIC code per category and currency.
  • Intermediary’s BIC code in case of holding account owner and preference if multiple available
SWIFTRef

SSI Retail

Worldwide standing settlement instructions for flawless, straight-through commercial payments

SWIFTRef

SSI Wholesale

Worldwide standing settlement instructions for flawless, straight-through wholesale payments

SWIFTRef

SEPA Plus

All the SEPA payment destination and routing information you need. SCT Instant information.

SWIFTRef

IBAN Plus

Ensuring accurate and complete beneficiary details for IBAN payments

SWIFTRef

SWIFTRef Reach Plus

Increase STP with membership and routing details for your beneficiary banks