AMRO technology supports VocaLink

Dutch bank ABN AMRO is providing VocaLink with access to its network to deliver global Euro payments globally when the single euro payments area (Sepa) system comes into force next month.

Dutch bank ABN AMRO is providing VocaLink with access to its network to deliver global Euro payments globally when the single euro payments area (Sepa) system comes into force next month.

Following the launch of its pan-European clearing system, VocaLink will be able to provide processing of non-Euro payments transactions for its corporate clients across the world, via ABN AMRO's network in 50 countries.

Mike Hampson, head of financial institutions transaction banking at ABN AMRO, said the bank will provide reach to VocaLink, not just for Sepa but for non-Sepa payments globally.

Martin Wilson, Chief Marketing Officer, VocaLink said, "This partnership brings added value to the market enabling us to introduce a new global service for Euro payments while supporting the existing business models of our clients."




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