Streamlined end-to-end automation
The Payments API (Application Program Interface) allows Banking Circle members to automate and streamline processes from your Treasury Management Systems (TMS) straight through to clearing.
We provide you with the ability to export payment instructions from your internal systems and seamlessly deliver these to Banking Circle for processing.
We will automatically send you payment status reports, which can be imported into your TMS for reconciliation purposes. The reports will include balance and transactional information to enable you to match account entries to your instructions.
Security and confidentiality
The Banking Circle uses a SSL security protocol.
Secure Sockets Layer (SSL) is a computer protocol that helps secure communications over computer networks. An SSL certificate is a digital document that ensures the content provided is from the correct (verified) sender.
The implementation process
To ensure an efficient implementation process we will provide you with an implementation manager who will guide you through the end-to-end process.
- All payment types that the Banking Circle supports are accepted through our API.
- To connect with our Payments API your internal system will need to generate CSV format files.
Streamlined end-to-end risk management
The FX API (Application Program Interface) allows Banking Circle members to automate your FX liquidity management and improve your online offering. Trading via the API streamlines your internal and external execution processes, reducing risk.
Traditionally banks support FX connectivity for FX trading, which is archaic and expensive technology. Our FX API is based on representational state transfer (REST) technology, which is more cost effective and easier to integrate.
Additionally, a larger amount of data and more products are accessible.
- Trades, orders and rate alerts
- Historical trade data
- Market data
- Collateral management