Bank on us for faster, lower cost, global banking
Banking Circle is a global scale financial utility, underpinning the service propositions of a wide spectrum of financial institutions, allowing them to focus resources on the customer relationship.
Membership of Banking Circle gives financial institutions the geographic reach and access to the markets their customers want to trade in, underpinned by a financial utility that enables global payments and settlements through a global account infrastructure, a global FX capability and a secure and compliant banking platform.
For banks, Banking Circle offers an add-on to the correspondent banking model.
For Financial Tech businesses, Banking Circle offers an alternative for managing multiple banking relationships in different regions.
By becoming a member of Banking Circle, financial institutions can offer banking services to their customers, helping them to trade globally, at low cost and efficiently. Importantly they can help their customers improve cash flow through enhanced speed of settlement whilst remaining fully compliant with financial regulation.
Banking Circle has been granted authorisation as a credit institution under point (1) of Article 4(1) of Regulation (EU) No 575/2013, (Bank number LUB00000408) and is under the supervision of the Luxembourg Commission for the Financial Sector (www.cssf.lu).
In September 2018, Banking Circle was acquired by EQT VIII and EQT Ventures, in partnership with Banking Circle’s founders. The acquisition will see EQT support Banking Circle’s continued acceleration of its growth strategy, in current and new geographies, as well as the expansion of the product portfolio.
Banking Circle is headquartered in Luxembourg and has offices in Copenhagen, Amsterdam, Berlin and London.