Cash & Liquidity ManagementPaymentsClearing & SettlementBelgium Chooses STET’s Platform for Retail Payments

Belgium Chooses STET's Platform for Retail Payments

The Belgian banking industry has chosen STET as its clearing and settlement mechanism (CSM). STET’s CORE system has been developed on a multiple CSM – single shared platform designed for processing existing national legacy payments or single euro payments area (SEPA) payments.

Sixteen banks will join the new CSM as direct participants:

  1. Aregnta
  2. AXA
  3. AWL (IPDTA)
  4. Bank van Breda
  5. BC/MC (IPDTA)
  6. Belfius
  7. BNP Paribas Fortis
  8. Bpost
  9. Commerzbank
  10. CPH
  11. Crédit Agricole
  12. Delta Lloyd
  13. ING
  14. KBC
  15. RBS
  16. VDK

 

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