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 6 currencies - EUR, CZK, MAD, PLN, RON and RUB - 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.

All about Cash Clearing

Contact us

For more information on our products and services, contact our experts.

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.

Jean-François Mazure
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.

 

SWIFT

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.

PAY FX

PAY FX, Our foreign currency payment solution in over 80 currencies

Smarter, Faster, Better Cross Border Payments with SWIFT GO

Jean-François Mazure, Head of Cash Clearing and Correspondent Banking talks in this short video about the benefits of using this new service.

Auto FX solution

Auto FX is the solution to manage your costs, protect your customers and generate revenue.

Get in touch with our experts

Isabelle Poussigues
Isabelle PoussiguesHead of Network Management, Cash Clearing Services
Cristrina Thome Certucha
Cristrina Thome CertuchaManager Local currency (non Eur)
Anne-Fleur Felissent
Anne-Fleur Felissent Head of Sales Western Europe & America
Olivier Prod'Homme
Olivier Prod'HommeHead of Sales Asia Pacific & Middle East
Petra Vincze
Petra VinczeHead of Sales, Eastern Europe Russia & Africa
Isabelle Poussigues
Isabelle Poussigues
Head of Network Management, Cash Clearing Services
Societe Generale
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Cristrina Thome Certucha
Cristrina Thome Certucha
Manager Local currency (non Eur)
Societe Generale
Anne-Fleur Felissent
Anne-Fleur Felissent
Head of Sales Western Europe & America

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 Prod'Homme
Olivier Prod'Homme
Head of Sales Asia Pacific & Middle East

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.

Petra Vincze
Petra Vincze
Head of Sales, Eastern Europe Russia & Africa

Petra Vincze joined the Cash Clearing Services team at Societe Generale in 2015, as Regional Manager for Central & Eastern Europe, Russia, Africa, Turkey, Israel and Lebanon.

Prior to that, Petra spent more than 17 years at Societe Generale across a variety of international markets in multiple roles, from acquiring businesses, to internal controls.

She started her career in specialized financing, where her role was to develop the activities of the Car Financing and Consumer Credit business lines. Petra first worked at the Holding company level based in France on M&A projects as Supervisor, then as Deputy CEO in some locally incorporated businesses across Eastern Europe.

She then spent 2 years in the  audit and inspection division for Societe Generale as COO, first for Western Europe, thereafter for Eastern Europe and Russia. Petra currently manages the sales team of the region covering  all cash clearing activities.

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