Episode 024 - A Discussion with Erwin Kulk, Senior Executive of EBA Clearing

Steven Batiste and Kate Pohl spoke with Erwin Kulk on the topic of IXB - Immediate Cross-Border Payments. Erwin explained to us how this initiative was "born" and what part was played by the TCH, SWIFT, various banking partners, and of course EBA Clearing. What we felt was particularly exciting and promising is that IXB leverages (clearing) systems that exist today to achieve synchronized settlement.  But, what does immediate really mean?  What about geography and currency... is this system limited to the Euro/Dollar corridor? What value-added services will IXB support? Please tune in and find the answers to these questions and a lot more. --- Support this podcast: https://podcasters.spotify.com/pod/show/steven-batiste/support