We have your correspondent banking needs covered
Correspondent banking is where we started, so we know it inside out. Today, our FIN messaging service underpins interbank payments and settlement worldwide, carrying 23 million+ structured messages a day, securely, reliably and with the highest availability in the industry.
FIN offers the features you and your regulators demand, including industry-level security, message validation and non-repudiation proofs. Message retrieval for conflict resolution, recovery of lost data and audit compliance for anti-money laundering and KYC are built in.
FIN’s internationally agreed standard messages, straight-through processing and SLAs ensure efficiency and good counterparty relationships.
Being close to our community, we’re constantly developing the additional services you ask for:
- Automatic duplication of messages to third parties, for monitoring and control
- Innovative services to help with KYC monitoring and sanctions screening
- Efficient ways to keep reference data up-to-date and reduce manual interventions
It’s all about keeping your business safe and sound, and moving forward.
Connects you securely to over 11,000 organisations in more than 200 countries
FIN offers industry-level security, validation and non-repudiation of messages and the highest availability in the industry. It underpins global correspondent banking and connects counterparties worldwide.
Provides reassurance to your counterparties
Optionally, users of FIN may sign up for Service Level Agreements, enabling them to provide guarantees to their end-customers about, for example, execution time, remittance information and charging arrangements.
Supports financial crime compliance
Our financial crime compliance portfolio, including Sanctions Testing and The KYC Registry, helps you ensure regulatory compliance.