Cash Clearing & Correspondent Banking
A global network dedicated to banks
More than 1,000 financial institutions rely on Societe Generale to process a wide range of international transactions such as:
- Euro and other currencies account maintenance,
- Commercial payments and Cash Treasury clearing,
- Payments and collection, associated with innovative reporting solutions and specific services,
- Trade Finance solutions supported by our expertise and extensive network.
With Societe Generale, you can have access to a global network dedicated to banks. We are #3 worldwide on the Euro clearing for banks, serving your needs in every important currency and providing you with FX solutions for all other currencies.
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.
Cash treasury & commercial payments clearing
Societe Generale is a direct participant in pan-European and domestic clearing systems in several countries.
We act as intermediary for banks which are not members of a clearing system, to avoid them investing 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 EUR, CZK, MAD, PLN, RON and RUB, with strong capacities in other currencies.
A world-class service provider offering cutting-edge technologies
Payments are routed regardless of their characteristics or final destination, using a network of preferred correspondents to enhance the Societe Generale retail network.
To monitor your payments, Societe Generale, via a unified portal, provides you with its web-based reporting tool, WebClear. This tool displays details, status and associated balances of each payment including the brand-new SWIFT gpi tracker. You have access to your invoices and other services to facilitate your day-to-day operations.
Our cheques offer provides you with all the relevant data concerning the collection of your cheques in France and abroad via the web tools WebCheques/SogeCheque.
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.
Get in touch with our experts
Head of Sales Western Europe & America
Edwige Fouquet joined Societe Generale in 2007 after various experiences in investment banks (Deutsche Bank, Natixis or Banque Worms) where she acquired a strong knowledge in Commodity Trade Finance and Risk Management. Within Societe Generale, she spent almost 8 years heading the European Trade & Commodity Finance Middle Office before joining the Global Transaction Banking division and the Cash Clearing department
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.
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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