Standing Settlement Instructions Directory
Worldwide standing settlement instructions
Standing Settlement Instructions Directory
As a financial institution or global corporate you may need to process thousands of cross-border retail and/or FX and money market-related payments each day.
Access to accurate and up-to-date Standing Settlement Instructions (SSI) is critical. It will ensure a fast and accurate cross-border payments process, help reduce settlement risk and improve your straight-through processing (STP) rates.
With SSI Directory you’ll have everything you need to address your SSI needs.
This product is replacing SSI Plus
Benefits
Global SSI Access
Provides access to accurate and up-to-date SSIs, ensuring fast and precise cross-border payments.
Risk reduction
Helps reduce settlement risk and improve straight-through processing (STP) rates, enhancing operational efficiency.
Comprehensive SSI data
SSI Directory provides beneficiaries’ BICs, correspondent BICs, ISO country codes, currency codes, account details and other information required for Standard Settlement Instructions
Currency correspondents
Locate a beneficiary bank's correspondents for various currencies, facilitating multi-currency transactions.
Holding account identification
Identify holding account institutions for beneficiaries without direct correspondent relationships, providing alternative transaction pathways.