The BELLIN SWIFT Service for direct message exchange with banks via SWIFT now enables communications with
the ING and KBC banks. Several customers have already begun using this channel to transmit their payments and
enjoy harmonized banking connections. Payments are an integral part of the tm5 platform – BELLIN is the first and
so far only treasury management system provider to integrate SWIFT directly into the application. After a
successful pilot phase, BELLIN and SWIFT made their partnership official this September at Sibos 2013 in Dubai.
Application with Direct SWIFT Integration
Now, using SWIFT is very simple. Each customer receives their own SWIFT connection which can be used directly
from the application, without requiring companies to establish their infrastructure themselves or to involve third
Successful Implementation for the Dutch Van Gansewinkel Groep
At the DACT Annual Conference, the Netherlands-based Van Gansewinkel Groep presented how they use the
BELLIN SWIFT Service for robust and secure straight-through processing of payment orders. The corporate group
primarily processes financial transactions with ING and KBC. For Van Gansewinkel, it was crucial to have all the
benefits of the SWIFT network with its global reach and associated services, but at the same time, they did not
want the implementation to be a big project requiring much time and effort.
Due to the integration of SWIFT in tm5, a rapid and smooth implementation was possible. The BELLIN tm5 system
went live one month after the project started. Including the time needed to reach agreements with all banks and to
settle all formalities, it took just three months to successfully conclude the SWIFT project.
Founded in 1998 in Ettenheim, Germany, BELLIN today is a global leader in consulting, software and services for corporate treasury
management. The BELLIN group and partner companies serve close to 300 customers comprising more than 5,000 companies and 15,000
users. BELLIN products are hosted on a secure, private network distributed across five data centers in three countries. BELLIN’s flagship
product tm5 is the web-based all-in-one solution for managing all aspects of a corporate treasury. BELLIN BACKSTAGE is an online platform
which enables our users to exchange product, company and industry information within the BELLIN Community. Moreover, BELLIN has
created a professional training program, the BELLIN ACADEMY, for all members of the treasury.
Data from Swift’s latest RMB tracker shows exceptional growth in RMB adoption in the United Arab Emirates (UAE), witnessing a 210.8% growth in payments value of the currency since August 2014, albeit from a low base.
SWIFT has announced that it has successfully completed the first phase of the global payments innovation (GPI) initiative pilot, clearing the way for the go-live of the service in early 2017.
Despite faster payment technologies, business-to-business payments by paper cheque show no sign of decline from three years ago.
Global research by C2FO suggests that smaller businesses are less concerned with the repercussions of Brexit and the upcoming US presidential election.