BELLIN expands their treasury management system connectivity

BELLIN has just added two more banks, ING and KBC banks, to the SWIFT banks they can connect to, making a total of 19. BELLIN also offers Host-2-Host (H2H) for transmitting bank-specific XML format data, and three country-specific payment formats in Europe, as the table below shows:

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With TMS suppliers joining SWIFT and incorporating this connectivity into their basic service, for uncomplicated corporate treasury departments it raises the question: “Is there any need to join a SWIFT service bureau at all or use any other connectivity solutions?”