The RZB Euro Clearing Account allows you to execute all payments in EURO and foreign currencies through one account. By sending standard SWIFT messages you are directly connected with the European market infrastructures TARGET and EBA as well as with European clearing banks outside the Monetary Union. Moreover, the RZB Euro Clearing Account provides you with direct access to the Austrian interbank RTGS clearing system ARTIS.

Key benefits:

• Direct access to the European market infrastructures (TARGET, EBA EURO1, STEP1 & STEP2)
• Access to European low value payment systems
• Same day value for all payment instructions in EUR
• Monthly billing and Monthly Account Analysis
• STP Quality Analysis
• Favourable, market oriented interest structure – no minimum balance required
• Dedicated multilingual customer service desk

MT942 Interim Transaction Reports are available upon request.