SWIFT Service Bureau
Access to all your bank accounts, worldwide
When you have hundreds of bank accounts with numerous banks, managing them efficiently can be complicated. SWIFT Service Bureau makes it simple.
Offered through our parent bank – RBS - the SWIFT Service Bureau lets you access payment and statement reporting through a single connection – for all your accounts.
Uploading payment files and reconciling statements for many different bank systems can take an eternity.
When you access the SWIFT network through us, you'll have a single connection to all your accounts – making payment and statement reporting easier, operating costs lower and errors easier to spot.
Global connectivity, SWIFT cost efficiency
With a direct connection to SWIFT, you can exchange data easily with your global banking partners with no major infrastructure investment.
And you'll not need an in-house team of SWIFT experts to keep your service up and running or to appoint a specialist technology provider – we've built all the support you need into the service.
Value-added extras
If you want more than basic connectivity, you can, including automation of reconciliations processing and cash reporting.
Find out more
Contact us to find out how the SWIFT Service Bureau could work for you.
The SWIFT Service Bureau does more than merely provide a way to send payment instructions to your banks.
It gives you total visibility of your cash positions on accounts across the world, with virtually any bank.
In fact, with the cash visibility and continued volatility in foreign exchange markets, it’s easy to see how updating your treasury and payment practices can help you understand your position.
Online access to your cash position
No need to check account balances across the globe using a range of proprietary systems. With our SWIFT Service Bureau you can receive a spreadsheet that shows all your balances – and you can import this data straight to your treasury management system.
Contact us to find out how the SWIFT Service Bureau could work for you.
SWIFT Service Bureau isn’t an off-the-shelf solution – it can be tailored to suit your organisation, precisely.
Automated to suit you
Our SWIFT Bureau solution is flexible enough to allow you to input data directly from your systems in your preferred formats. It can then convert the data to match the formats required by your various banks.
So you simply carry on using the formats you prefer, keeping training costs to a minimum.
Peace of mind, reduced risk
Because the bureau validates all payments before they’re sent to the bank, you get all the benefits of straight-through processing including reduced risk and lower processing charges.
Find out more
Contact us to find out how the SWIFT Service Bureau could work for you.
The SWIFT Bureau service puts your business in control by giving you the information you need to make truly decisions. And, you only pay for the services and features you need.
Benefits
- Greater control – manage global liquidity through easy access to all your bank accounts
- Combined view – break down national and banking barriers for a single view of your financial position
- Simplified processes – make it easy to consolidate accounts, banking relationships and proprietary systems
- Regulation – makes it simpler for you to demonstrate compliance with Sarbanes-Oxley requirements
- Transparent charging – for statement reporting and payment processing
Contact us to find out how the SWIFT Service Bureau could work for you.
As part of a global banking group, we can give you the day-to-day support you need.
Security benefits
- Data safety – data processing takes place in a highly secure and reliable environment, with full data recovery
- Low risk – you don’t need to rely on the availability of multiple proprietary banking systems
Support benefits
- Simplify your support – reduce your reliance on proprietary systems
- Leave the updates to us – you will never have to worry about complying with the latest SWIFT rules
- Resolve issues fast- our format transformation service validates your payments before they travel over SWIFTNet to your banks, allowing for speedy resolution of any data issues
- No need to buy and maintaina SWIFT solution in-house, helping keep your costs down – we’ll even take care of all the SWIFT updates
- Streamlined implementationwith a trusted partner, with a single contact and process
Contact us to find out how the SWIFT Service Bureau could work for you.