Payments Directory
The complete reference data solution for your global payments
Payments Directory
With Payments Directory, your systems can easily validate payment instructions and select the appropriate payment routing. So, you can optimise automation and increase your straight-through processing rates. This dramatically reduces the number of payments falling out for repair and investigation, improving back-office efficiency, driving down costs and reducing operational risk.
This product replaces Payments Plus
Benefits
Extensive directory contents
Includes all Swift BIC codes, national bank identification codes, LEIs, CHIPS, TARGET, EBA data, SEPA data, bank SSIs, bank holiday and country-specific information, making it a one-stop solution for your payment processing needs.
Global coverage
Accurately populate or validate institution identifiers and their details in domestic or international payments, either on the Swift network or outside.
Optimised payment routing
Identifies the most efficient channels to reach beneficiary institutions, enhancing transaction speed.
ISO 20022 ready
The data files included in this offering are compatible with the latest ISO 20022 standards, adopted by the financial industry to standardise payment flows, remove friction, and reduce costs.