BLINC is BCB Group’s next-generation, instant settlement network. It can give your organisation access to 24/7, 365-day fee-free settlement with any firm or platform within BCB Group’s ecosystem.
Continuously upgraded
A large network that includes exchanges, market makers, lenders, funds, brokers and traders worldwide — indicating the strength of BCB Group’s client base.
The network, launched in 2020, was the first of its type in Europe and is being continuously upgraded with new features, such as new fiat currencies and soon to be crypto. All participants will have undergone KYC checks by BCB Group.
The advantages of BLINC
Using BLINC, your organisation no longer needs to brave the uncertainties of traditional payment schemes such as SWIFT or Europe’s SEPA, which can suffer delays and often operate only during office hours. It’s also a no-limits platform, unlike the UK’s Faster Payments Scheme or Europe’s SEPA Instant, which cannot handle substantial institutional payments.
Using BLINC, the ability to move fiat in size and at speed opens new opportunities, enabling organisations to easily seize opportunities such as instant treasury management, settlement of trades and trading arbitrage.
Using BLINC to settle US dollars
In March 2024, BCB upgraded BLINC to include the US dollar, opening the way for fee-free, instant settlement of the world’s benchmark currency. This builds on top of GBP, EUR, CHF, CAD, SGD and JPY capabilities.
USD was added in response to strong demand from clients who faced challenges accessing other instant settlement networks for crypto-to-fiat dollar settlements or on-off-ramping to exchanges.
BLINC now solves these problems while ensuring funds are safeguarded in a high-quality jurisdiction. BCB Group’s overall dollar capabilities now allows your organisation to pay, settle, and clear the US currency instantly, both domestically and internationally.
