Agency Banks
Clearing and settlement services for non-clearing banks
RBS are a leading provider of Sterling and Euro clearing and settlement services to 'non clearing banks' licensed to operate in the UK. We process a high volume of payments for leading financial institutions globally and have a sophisticated payments system, built to support Agency Banks.
The Agency Banks website is a resource where payment news and information can be accessed. To register for the website please contact your Relationship Manager.
Credentials:
- RBS is a member of and maintains leading shares in Cheque and Credit Clearing, BACS and CHAPS
- RBS is represented and influential on all UK payment industry workgroups
- RBS is a a member of SWIFT and the fourth largest processor of SWIFT payment messages globally
- RBS is represented on a wide range of European industry bodies
- RBS is an active participant in key European industry initiatives, meeting regularly with the European Commission
- RBS is a direct member of TARGET2, EBA EURO1, and EBA STEP2
- RBS provides agency banking arrangements to around 40% of all non clearing banks operating within the UK