Surecomp, BNP Paribas, and Vanderlande Launch New Corporate-to-Bank Connectivity Standard

Surecomp, BNP Paribas, and Vanderlande have successfully piloted a corporate-to-bank connectivity standard developed by Swift in collaboration with the International Chamber of Commerce (ICC).

The pilot used an Application Programming Interface (API)-based communication channel to facilitate the real-time, automated exchange of guarantee requests between the Dutch logistics firm Vanderlande and BNP Paribas, transmitted via Surecomp’s RIVO™ platform without any need for manual processing.

This new API-based initiative leverages an XML-formatted, open-API message designed for efficient and cost-effective implementation. It enhances data accuracy, increases operational agility, and offers an ideal solution for corporates handling low transaction volumes.

“This is the beginning of a new and very promising journey in the digitalization of bank guarantees,” said Marie-Laurence Faure, Head of Digital Trade Channels at BNP Paribas. She hailed the eventas “a significant industry milestone” and encouraged other trade finance players to adopt the standard.

For Vanderlande, the pilot marked a step forward in controlling and managing financial guarantees.

“Working with Surecomp and BNP Paribas on testing this API for guarantees has proven hugely valuable,” said Eddy Veenstra, Customer Finance Director at Vanderlande. “Taking a collaborative and standardized approach with our trade finance partners enables better control, visibility, and faster trade, supporting more robust future growth.”

Surecomp’s Chief Solutions Officer, Enno-Burghard Weitzel, emphasized the importance of API-based solutions in driving digital trade transformation. “As industry leaders, our role is to help shape the future of digital trade. Using our RIVO™ platform as a centralized hub, banks, insurance firms, and corporates can connect in real-time and leverage the Swift-ICC API to execute faster, more efficient guarantees, which ultimately benefits cash flow and trade growth.”

The pilot initiative represents a promising advance in the digitalization of trade finance, offering a streamlined, automated framework for the future of corporate-to-bank interactions.