Cash Clearing & Correspondent Banking
More than 1,000 financial institutions rely on Societe Generale to process a wide range of international transactions such as: cash clearing in Euros and other currencies, commercial payments and account maintenance.
Euro & Currency Clearing
Thanks to us, you can have access to a global network dedicated to banks. As a leader in euro payments, Societe Generale is #1 in France and #3 worldwide on the Euro clearing for banks, serving your needs in every important currency. We process 5.8 million SEPA operations per day.
With our extended international network and a full and mature service offering designed for our clients, we are committed to help you grow your business efficiently.
We have access as a direct participant to all euro clearing systems (EBA & TARGET 2) as well as domestic clearing systems in several countries.
We act as intermediary for banks which are not members of a clearing system so they don’t have to invest in a direct connection.
Thanks to a solid and long-standing footprint in Eastern Europe and Western Africa, we are able to provide clearing in 5 currencies - EUR, CZK, MAD, PLN and RON - with strong capabilities in other currencies.
A world-class service provider offering cutting-edge technologies
To monitor your payments, we, via a unified portal, provides you with its web-based reporting tool, Webclear. It displays details, status and associated balances of each payment, with access to your invoices and other services to facilitate your day-to-day operations. Webclear also features the SWIFT gpi tracker, a SWIFT project we have been an early member of since 2015.
We are a SWIFT major player and takes part in all SWIFT initiatives including KYC registry, gCase, payment data quality and more.
Societe Generale and JP Morgan are partnering together along with other key banks, to develop a blockchain-based infrastructure to improve payment efficiency and service quality.
Forex Linked to Payments
Societe Generale offers you two different Forex Solutions for your cross-border payments:
- AutoFX helps you better control the FX applied to your outgoing cross-border payments.
- PAYFX helps you make payments in more than 80 currencies through your euro account held at Societe Generale.
At Societe Generale, we master a wide range of services and geographies carrying all their own specificities. In a fast changing world driven by complex and moving regulations and evolving consumption patterns, we believe in partnership and anticipation as the most valuable mindset to help you grow your business efficiently.
Head of Cash Clearing & Correspondent Banking
Local clearing solutions
A strong and long-standing footprint in Eastern Europe and Western Africa providing clearing capacities in 5 local currencies.
Societe Generale is a SWIFT major player with active participation in key industry projects, such as SWIFTgpi (same day payment with a real-time tracking device) or KYC registry.
Smarter, Faster, Better Cross Border Payments with SWIFT GO
Get in touch with our experts
Isabelle joined Société Générale Group in 2005. During the first 10 years of her career, she held commercial responsibilities across all client segments, as well as financial analysis and risk management functions (counterparty and operational risks).
In 2016 Isabelle joined Transaction Banking as Head of Network Management within the Cash Clearing Services business line. Very attached to the world of international payments, in 2021 she will take on a broader role, managing the entire Societe Generale Cash Clearing offering in terms of products, network and innovation.
Isabelle is a graduate of EDHEC Business School.
Anne-Fleur Felissent joined Societe Generale Group in 2006 in the International Audit Department where she held several positions.
In 2012, she integrated Global Transaction Banking Division as Cash Management Global Sales Manager, in charge of Large Financial Institution Groups, as well as Medias & Telecom Large Corporates.
In 2018, Anne-Fleur joined Cash Clearing Services as Deputy Head of Sales for Western Europe & Americas, focusing on French Resident Bank.
Olivier has a wide international experience since he handled several positions in Kuala Lumpur as Deputy Managing Director for Sogelease, and as Managing Director for Societe Generale in Istanbul. In 2003 he joined the retail network in France as Customer Relationship Manager, before joining the Global Transaction & Payment Services business unit in 2006. Successively he has been Head of International Trade Finance for 6 years, focused more specifically on Africa for one year. Since 2014 he has been working within the Cash Clearing and Correspondent Banking business line as Head of Asia Pacific and Middle East.
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