SECB Swiss Euro Clearing Bank GmbH
Based in Frankfurt am Main, SECB is a commercial bank specializing exclusively in the processing of euro payments and all related customer services as well as cash and collateral management.
The Bank
SECB was established in 1998 and received a full banking license. It commenced operations on January 1, 1999.
The business purpose of the SECB is to connect to the main euro clearing systems and to process payment traffic in euros, primarily for banks and financial institutions from Switzerland and Liechtenstein, but also from other countries.
In its role as a payment transaction bank for banks, the SECB acts as a correspondent bank for these institutions and is also connected to the Swiss banks via euroSIC. Furthermore, it acts as liquidity manager for euroSIC and as settlement agent for euroSIC participants.
euroSIC serves the SECB as a connection for euro payments within Switzerland and across borders. It is based on the Swiss interbank payment system SIC for payments in Swiss francs. The SECB is a direct participant and acts as a correspondent bank in the cross-border part.
Our Values
Customer Focus
Our customers are always at the center of everything we do. We consistently focus on their goals and aspirations. Our focus is on understanding our customers and their diverse needs, delivering value, building trust and creating lasting partnerships.
Result-Oriented
Our actions are characterized by reliability, fairness and honesty. In particular, we are committed to a results-oriented business culture. We always act responsibly and think long-term and future-oriented.
Employees
SECB's business success is shaped by its employees. They are committed to contributing their knowledge, ideas and skills. They initiate change and thus ensure the success of the company.
euroSIC Statistics
Turnover since 1999 (in billion EUR)
Number of transactions since 1999 (in thousand)
For more information on euroSIC and the associated statistics, click here: Link