BFC Bank and the Faster Payments system

16 Jul 2020
Date submitted
16 Jul 2020
Resource type
Case study
File type
pdf PDF file (1,017.15K)
The approval of BFC Bank’s registration in the UK demanded a major review and overhaul of its technical and
core banking systems, with appropriate software to support bank accounts and international payment trails. Where
SWIFT and CHAPS are well established as a way of moving high-value payments around the world, BFC Bank selected the Faster Payments platform for sterling payments to support its rapidly growing SME business. ERI already supported BFC with its OLYMPIC Banking System, now used by more than 300 clients in over 55 countries.
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