Financial Institutions
Special products & services for Financial Institutions
WestLB is your ideal partner for payments into and beyond the Euro zone. While most outgoing and incoming payments are processed fully automatically, our highly qualified payments experts are available to take care of issues which cannot be resolved by machines alone.
Interbank payments - including everything from real-time account monitoring to exception handling - are managed by our account officers who are happy to make their expertise available to you. This unit is certified to ISO 9001:2008.
WestLB is a direct participant in the most important euro payment systems:
- TARGET 2
- EBA EURO1
- EBA STEP1
- EBA STEP2
In addition, WestLB has built a comprehensive network of selected correspondent banks to handle payments outside the Euro zone.
WestLB remains instrumental in shaping this important sector through its involvement in major decision-making bodies such as the EBA Association Board and the European Payments Council in respect of SEPA. Be sure to benefit from the specialist expertise of WestLB Transaction Services.