Crédit Agricole CIB offers a full range of products and services in capital markets, brokerage, investment banking, structured finance, commercial banking and international private banking.
» EUROPEAN CLEARING SYSTEMS
Access to the European clearing systems
The payments market has acquired a Europe-wide and industrial dimension. In the Eurozone major changes are underway aiming at replacing ultimately domestic Euro payments into SEPA products.
While payments have become a largely common business, it is not the case for associated services. Crédit Agricole teams are committed to long-term relationships with their bank customers to meet both current and future expectations. They focus on expertise, commitment, flexibility and responsiveness to service performance.
Crédit Agricole CIB provides its customers with unparalleled access to clearing channels. The Group is connected to all major European clearing systems such as EBA (Euro 1 and Step 2) and Target 2.
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Access to the European clearing and Settlement systems dedicated to mass payments
Full SEPA reachability for all payments
SEPA requires special infrastructures to support the SEPA schemes and standards. The Crédit Agricole payments platform selects the optimal Euro payment processing channel to process its clients Euro payments:
- EBA/ Step 2 (SCT/SDD),
- STET CORE (SCT & domestic operations),
- Crédit Agricole group dedicated clearing system.
Access to the European clearing systems
Crédit Agricole provides:
- technical infrastructure to access the clearing mechanism,
- assistance in managing EPC & local CSM membership process,
- regular updated information about operational payment issues.
Access to Target 2 for high value payments
As a leading bank operating in Europe, Crédit Agricole opens an access to Target 2 RTGS allowing to process high value payments in favour of European counterparties.
Crédit Agricole is in charge to fund any overdraft on behalf of its client and is committed towards the system to pay the off setting balance.
Why choose Crédit Agricole for a direct access to the clearing & settlement mechanisms?
- access to the entire SEPA market with its connection to the European banking community,
- a proven experience as an intermediary bank on clearing systems and direct participation,
- a presence in 25 countries of the SEPA zone,
- a transition offer between national payments and SEPA payments.
The Bank offers financial institutions a Euro payment processing service which is reliable, flexible and transparent.
