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Payments Fintech Banking Circle Chooses European Firm SIA to Provide Instant Payments
Banking Circle, the Payments Bank for the digital economy, has chosen
SIA, an established European hi-tech firm in payment services and infrastructures, controlled by
CDP Equity, in order to introduce its instant payments service in Europe “connecting to the TARGET Instant Payment Settlement (TIPS) service of the Eurosystem.”
As stated in the announcement:
“Thanks to SIAnet, the ultra-fast fiber optic network infrastructure, Banking Circle enables European financial institutions and corporates to execute instant payments in less than 10 seconds with a maximum amount currently set at 100,000 euros per individual transaction, 24/7, all year long, in line with the SEPA Instant Credit Transfer scheme of the European Payments Council (EPC).” ....

Michael Boel , Colt As Network Service Providers , European Central Bank , European Payments Council , Payments Bank , Payment Settlement , Banking Circle , Network Service Providers , Eurosystem Single Market Infrastructure Gateway , Eurosystem Collateral Management System , Local Clearing , Automated Clearing Houses , Settlement Mechanisms , Instant Payments , Sales Director , ஐரோப்பிய மைய வங்கி , ஐரோப்பிய கொடுப்பனவுகள் சபை , கொடுப்பனவுகள் வங்கி , கட்டணம் தீர்வு , வங்கி வட்டம் , வலைப்பின்னல் சேவை வழங்குநர்கள் , தானியங்கி அழித்தல் வீடுகள் , உடனடி கொடுப்பனவுகள் , விற்பனை இயக்குனர் ,