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

40th Annual New York Cash Exchange: What Can Treasurers Expect?

Ahead of the 40th annual New York Cash Exchange, two of TMANY’s distinguished board members, David Miller and Timothy T. Hesler, CTP, provide TMI CEO, Robin Page, with a quickfire rundown of what attendees can expect from this year’s conference. Our guests share their aspirations for the event,...

00:00

Expectation-Beating Inflation Prints Ratchet Up Pressure on Monetary Policy

Welcome to the third edition of Liquidity Link Live, your exclusive market analysis provided by Northern Trust Asset Management, one of the world’s largest cash managers. Tune in each month to discover the very latest insights on the UK, Eurozone and US markets. This edition was recorded on the 9th May...

04:48

Making the Sustainable Transition: A Roadmap to ESG in Treasury

Over the last 18 months, Societe Generale has experienced a steady increase in requests from their corporate clients to integrate ESG features in treasury management.  Louis-David Rouyer, Philippe Pougeard, and Emmanuelle Petelle (Societe Generale) provide TMI’s Eleanor Hill with a whistlestop run...

22:24

Lift Off for Fed Rate Rises

Welcome to the latest edition of Liquidity Link Live, your exclusive market analysis provided by Northern Trust Asset Management, one of the world’s largest cash managers. Tune in each month to discover the very latest insights on the UK, Eurozone and US markets. This edition was recorded on the 5th of...

04:58

Treasury in 2022 and Beyond

Industry experts Bob Stark (Kyriba) and Sebastian di Paola (PwC) join TMI’s Editor, Eleanor Hill, to explore the very latest treasury trends – and to discuss how smart treasurers can get ahead of the game by ...

43:21

How BearingPoint Harnessed Data-Driven Forecasting with CashAnalytics and SAP

Listen back to our recent forecasting masterclass, where Group Treasurer Eveline Stam, and Conor Deegan (CashAnalytics) provided TMI’s Eleanor Hill with a comprehensive overview of how consultancy firm BearingPoint achieved company-wide cash forecasting nirvana by combining specialist solutions from...

37:14

The 3 T’s of The Future: Tech, Treasury, and Transformation

Over the past two years, an increasingly dynamic environment has not only accelerated technology development – from quantum computing to blockchain technology, and even the metaverse – but also technology adoption, bridging colleagues and breaking down silos in a remote work world. In this podcast,...

44:02

Monetary Policy Continues to Drive Markets as Ukraine Invasion Weighs on March Meetings

Welcome to the second edition of Liquidity Link Live, your exclusive market analysis provided by Northern Trust Asset Management, one of the world’s largest cash managers. Tune in each month to discover the very latest insights on the UK, Eurozone and US markets. This edition was recorded on the 3rd of...

05:25

Tax Spotlight: How the OECD’s Two-Pillar Solution Impacts Treasury

Aaron Lee and Joseph Lee (DBS Bank) join TMI’s Eleanor Hill to discuss how the OECD’s Two-Pillar Solution aims to address the tax challenges arising from the digitalisation of the economy. Ahead of the 2023 implementation date multinational corporates will have much to consider around these reforms....

24:00

FX Connections: Bringing Transparency to Cross-Currency Payments

Cross-border activity is growing at a remarkable rate, making FX payments a hot topic for treasurers across the globe.  In this TreasuryCast episode, Eleanor Hill asks Daniela Eder and Gibran Maqsood (Barclays Corporate Banking) to provide their key action points around FX payments in 2022. Our guests...

21:00