UNITE is the global bank to bank correspondent hub for real-time payments and settlements, exclusively available to banks worldwide.
We are the dedicated international payments utility solution enabling banks to achieve end-to-end real time payments. We complement your existing SWIFT and correspondent banking service in adding new real time regions and currencies to your existing portfolio.
We provide the banking network, messaging, settlement and cash management solution to meet your bank requirements, we know and talk end-to-end bank speak, and we want to help your products and services teams achieve their needs through our platform.
It is our priority to meet and exceed the highest levels of risk and compliance needed.
We have built the core banking platform and correspondent bank to bank system; we are currently building the banking network and are on schedule for our launch to banks by January 2021. If you would like to be kept up to date on our work by an occasional email, please click here.
The UNITE network is a centralised correspondent hub for payments, established in partnership with a dozen major international banks.
The UNITE system is designed to reduce the complexity of the current payment infrastructure between banks.
UNITE's streamlined and centralised payments process means that connected banks will enjoy real time delivery.
We support and achieve immediate settlement and have relationships and procedures in place so that our bank clients will minimise any downstream beneficiary payments irregularities.
Centralised processes and reduced complexity keep the cost of payments low.
The structure of the UNITE solution will allow connection to the network at a low cost.
The UNITE system allows more payment related information to follow payments to the beneficiaries.
The UNITE system allows more compliance information to follow payments and is available to the involved banks.
The centralised hub gives connected banks real-time cash management advantage (transfer, settlement and reconciliation).
Real-time payments, cash management and settlement with finality significantly reduces the related financial risk.
The UNITE system is available to banks worldwide. For maximum reach the system is connected to local country payment networks through our partner banks’ network, as well as SEPA/SWIFT channels.
The proven UNITE system is built around an established core banking system, providing the perfect solution to the challenges of legacy messaging systems.
Unite Global is a Norwegian payment institution – regulated and supervised by the Financial Supervisory Authority of Norway.
To learn more about UNITE and how it can secure and complement your banks real payments processes please get in touch by email.
