Payments label is China Systems’ 4th from SWIFT certification program for 2015

27 July 2015

Leading trade finance solutions vendor China Systems has earned the 2015 Certified Application in Payments label from SWIFT for its Payments solution. The company has earlier been awarded three other certifications – in Trade Finance, Supply Chain Finance and Corporates – Trade and Supply Chain Finance - making it the trade finance vendor with the most number of SWIFT labels so far this year.

China Systems’ Payments system offers a secure and cost-effective end-to-end automation of payment processes between buyers and suppliers, allowing the reconciliation of payment flows with any outstanding open account and traditional trade transactions. The SWIFT Payment label is awarded to business applications that comply with a specific set of criteria linked to the support of SWIFT FIN (MT) messages and (optionally) MX messages, SWIFT connectivity, and SWIFT functionality.

Every year, China Systems’ products go through and successfully pass the stringent certification process of the SWIFT Partner Programme, reflecting its products’ consistent compliance with SWIFT standards.

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