Our latest insights

Banking Circle

Bank on us for faster, lower cost, global banking
Banking Circle is a global scale financial utility, underpinning the service propositions of financial institutions allowing them to focus resources on the customer relationship.

By becoming a member of Banking Circle, financial institutions can offer banking services to their customers and help them to trade globally, at low cost and efficiently. Importantly they can help their customers improve cash flow through enhanced speed of settlement whilst remaining fully compliant with financial regulation.

For businesses within the financial tech industry, Banking Circle offers an alternative for managing multiple banking relationships in different regions. For banks, Banking Circle offers an add on to the correspondent banking model.

Membership of Banking Circle offers core benefits for both financial tech businesses and banks:

Financial tech businesses bank on us to access accounts everywhere, settle payments quickly and improve customer services by:

  • Offering banking services to their clients
  • Improving cash flow through enhanced speed of settlement
  • Building client loyalty and retention through added value

Banks bank on us to reduce operational costs and risk while increasing their global reach:

  • Reduce overheads through lower operational cost of transactions
  • Reduce administrative resource needed to identify transaction laundering and lower risk
  • Service global markets and extend your service offering to encompass different payment types

As a member of Banking Circle you can:

Bank on growth – one account gives you rapid access to new markets worldwide

Bank on profitability – pay and receive funds from businesses at low FX rates. Automatically convert funds to any currency you choose

Bank on speed – introduce your suppliers and partners to Banking Circle so you can all pay invoices or receive money in seconds rather than days

The freedom to trade globally
Membership of Banking Circle gives financial tech businesses the geographic reach and access to the markets their customers want to trade in, underpinned by a financial utility that enables global payments and settlements through a global account infrastructure, a global FX capability and a secure and compliant banking platform.

Expert knowledge to bank on
Our team of specialists work closely with each client, helping them select the best solutions and delivery channels for their business and corporate environment. Whether they choose to connect via our web-based services, via SWIFT or our APIs, transactions are always secure, reliable and efficient.



Futureproofing Payments Tech: The challenges facing CIOs and CTOs

Banking Circle recently spoke to 600 Chief Technology Officers and Chief Information Officers at financial institutions across Europe to find out how confident they are that their businesses are ‘futureproof’. The detailed survey provides unique insights into the challenges currently faced by CTOs and CIOs across Europe.

Consultation Responses

The Payments Association’s response to HMT’s Consultation on the Regulation of Buy-Now-Pay-Later