Treasury Management Internation Logo

BELLIN exceeds 100 BELLIN SWIFT Service clients

Published 

This week BELLIN, global provider of web-based treasury software and services for multinational businesses, has hit the100 BELLIN SWIFT Service clients mark with Xylem Europe GmbH based in Schaffhausen, Switzerland. This is evidence of the great success of the industry leading BELLIN/SWIFT collaboration and  BELLIN’s pragmatic and solution-oriented approach.

No other provider has enabled as many businesses to gain access to global banking communication via SWIFT as BELLIN.

BELLIN pioneered the Plug & Play solution directly integrated in their treasury management system tm5, standardizing worldwide banking communication and making it accessible to medium-sized companies. This technology has been recognized on several occasions, including at the FinTech Innovation Awards. BELLIN runs the entire BELLIN SWIFT Service infrastructure in their own dedicated data centers, making them available to customers as a service. With BELLIN, communication via SWIFT has become straightforward, affordable and easy to use. BELLIN takes care of the entire onboarding process and the configuration.

“Integrating the SWIFT Network into our treasury management system tm5 back in 2013 has unlocked new potential and empowered companies when it comes to banking communication. The fact that it is not just large but also small and medium-sized companies who benefit from this attractive solution is definitely worth mentioning. Recently onboarded clients illustrate this very well,” Martin Bellin, founder and CEO of BELLIN, is pleased to announce.

“We have seen a soaring number of BELLIN clients opt for the integrated SWIFT Service, clearly illustrating that there is great need for such an efficient solution. Over 100 companies across all continents now use the BELLIN SWIFT Service, making this one of the biggest successes SWIFT has ever seen in its corporate client offering,” adds Mathias Schotte, SWIFT Senior Sales Manager, Corporate & Asset Management Clients, CCE.

There are a number of reasons why the BELLIN SWIFT Service has become so popular: it spans the globe and provides businesses with a single point of entry to all banks worldwide who can send and process SWIFT messages. This mainly concerns payment orders submitted electronically and account statement data, making companies completely bank-independent in terms of cash management and payments. This is true for existing banking relationships and when it comes to being ready for future growth. Companies receive their own SWIFT BIC (Business Identifier Code) and can communicate directly and without any limitations with third parties, independent of specific banks. BELLIN SWIFT Service users also benefit from a standardization of file formats, also contributing to their independence. SWIFT makes use of standardized FIN formats, such as MT101 for single payments or MT940 for account statements. FileAct enables members of the SWIFT Network to send any file and any payment format to their banks. In addition, the SWIFT connection can be used for other processes, such as the digital matching of treasury deals or digital trade finance.

Most recent episodes

The Future of ESG in Treasury

In this podcast, Melissa Moi, Peter Jameson and Venkat ES from Bank of America join TMI’s Eleanor Hill to determine where the ESG journey is heading next. Our expert panel consider how changing regulation, technology solutions and metrics including ESG KPIs...

26:50

HSBC’s Sibos Spotlight: Investing in the Future – from Diversity to Green Deposits

In the final instalment of HSBC’s Sibos Spotlight, Eleanor Hill (TMI) invites Nadine Lagarmitte and Suraj Kalati (HSBC) to consider how corporates’ attitudes to...

25:12

HSBC’s Sibos Spotlight: The ESG Landscape – what every treasurer needs to know

In the third edition of HSBC’s Sibos Spotlight Podcast series, TMI’s Eleanor Hill invites Farnam Bidgoli (HSBC) to provide an in-depth overview of the current ESG...

16:24

The Path to Transformational Global Cash Visibility

Davina Bradley (CEVA Logistics) and Conor Deegan (CashAnalytics) join TMI’s Eleanor Hill to explore how treasurers can transform their cash visibility and forecasting within their business in a matter of weeks using a...

33:16

HSBC’s Sibos Spotlight: Embedding ESG in Trade and Supply Chains

In the second podcast from HSBC’s Sibos Spotlight series, TMI’s Eleanor Hill speaks to Surath Sengupta (HSBC) about embedding ESG into trade and supply chains....

20:58

Lost in Transaction: Overcoming Payments Pitfalls

From simple errors to duplicates, fraud and sanctions violations, there are a number of areas where payments can go wrong – especially in the real-time environment. In this podcast, TMI speaks to Andrew Ferrao...

34:25

HSBC's Sibos Spotlight: Central Bank Digital Currencies

The first edition of HSBC’s Sibos Spotlight series sees TMI’s Eleanor Hill joined by Mark Williamson and James Pomeroy (HSBC) to discuss the hot topic of Central Bank Digital Currencies (CBDCs). Our guests discuss...

25:48

Payments Vision 2025: The Inside Track

Wim Grosemans, Steven Lenaerts (BNP Paribas) and Wim Raymaekers (SWIFT) join TMI’s Eleanor Hill to outline their vision for the payments landscape in 2025. Our guests consider how recent developments such as instant...

28:21

Stepping Out from the Shadows

“Treasurers needs to step out of the shadows and into the sunshine in terms of their strategic contribution.” claims Zitah McMillan, Co-Founder and CEO, Predictive Black. In this podcast, hosted by TMI’s Eleanor Hill, our guest declares that the...

16:54

Why the ‘One Size Fits All’ Approach is Outdated - A Cash Segmentation Treasury Masterclass

With the ongoing low interest-rate environment and increasing regulatory change, it’s more important than ever for treasurers...

23:55