Natixis Payments selected SWIFT

Natixis Payments selected SWIFT

Natixis Payments selected Swift to provide connectivity to TARGET Instant Payment Settlement (TIPS) within the Single European Payments Area (SEPA)

  • Direct access to TIPS with SWIFTNet Instant will offer Natixis Payments customers the ability to execute instant payments anywhere within the SEPA
  • Natixis Payments will launch on November 2018 along with TIPS
  • SWIFT’s new messaging service will allow instant payments across Europe through both TIPS and EBA Clearing RT1 instant payments system
  • SWIFT connects more than 11,000 banking and securities organisations, market infrastructures and corporate customers in over 200 countries and territories
  • SWIFT’s Eurosystem’s 2020 plan focus on giving access to Target2 for Securities and TIPS through the Eurosystem Single Market Infrastructure Gateway (ESMIG)