Tag: Absa Bank Limited

February 14, 2018 BY Valentina Kirilova

ABSA goes live with Finastra PayPlus for CLS

Direct membership of CLS Settlement brings increased efficiency and liquidity as well as reduced settlement risk across the bank’s FX operations Finastra today announced that Absa Bank Limited is using its PAYplus for CLS platform to support the bank’s direct participation in CLS settlement, which provides continuous linked settlement services for the global foreign exchange…

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December 04, 2017 BY Valentina Kirilova

Barclays' Absa Bank Limited joins CLS as a new settlement member

CLS Group (CLS), a market infrastructure delivering settlement, processing and data solutions, today announced that Absa Bank Limited (Absa), the South African based bank owned by Barclays Africa Group (JSE:BGA), has joined as a settlement member. Absa joins 66 other leading banks in becoming a settlement member in CLSSettlement, the payment-versus-payment settlement service for the global foreign…

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