Zolvat’s Core Banking Software Based on ISO 20022: What This Means for Your Business

Introduction

In today’s fast-paced digital world, businesses need reliable solutions to handle international money transfers efficiently. Zolvat’s core banking engine software, designed around the ISO 20022 message standard, delivers exactly that. But what does this certification mean for your business? It means secure, fast, and seamless payments, including instant EU SEPA transfers, easily tracked international SWIFT transfers, as well as cheap money transfer services for merchants based on QR code scanning.

Let’s dive deeper into how ISO 20022 enhances your business experience, whether you’re looking to open a business account, manage international payments, or streamline SEPA payments.

What is ISO 20022 and Why Does It Matter?

ISO 20022 is an international messaging standard that revolutionizes how financial data is exchanged. By implementing this standard, Zolvat’s software improves the consistency and efficiency of global transactions like SEPA transfers and SWIFT payments, ensuring that businesses can send money online securely and quickly. This standard also guarantees that Zolvat’s services are aligned with the highest industry standards, which is crucial for those managing a business account or needing seamless international transfers.

For more on ISO 20022, visit the official ISO website.

Secure and Seamless International Transfers with Zolvat

With Zolvat’s ISO 20022-aligned core banking software, businesses can enjoy simplified and secure cross-border transactions. Whether you’re transferring money abroad via SWIFT or a SEPA payment, Zolvat ensures the process is smooth and efficient.

  • Best Way to Send Money Internationally: Zolvat offers a range of payment solutions that allow you to send money online or transfer money abroad using the most efficient and secure methods. This ensures that you get the best experience when handling international payments.
  • SEPA Transfers: Managing instant mass payments via SEPA is a very pleasant user experience with Zolvat. Just input the beneficiary’s details, their International Bank Account Number (IBAN) and Bank Identification Code (BIC), and send it for processing. You can open a business account, also known as a corporate account, and start leveraging SEPA transfers for hassle-free, low-cost European payments.
  • SWIFT Transfers: For international transfers outside the SEPA region, Zolvat supports SWIFT payments, offering businesses a reliable and secure method to manage overseas transfers.

Dedicated IBAN for Secure Transactions

When you open a business account with Zolvat, you’ll receive a dedicated IBAN, allowing for fine-tuned financial control. Whether you’re managing a Cyprus company account or any international business account online, a dedicated IBAN ensures faster and safer transactions, especially for SEPA and SWIFT payments.

Why Choose Zolvat for Your Cyprus Business Account?

Zolvat’s core banking software, aligned with the ISO 20022 standard, offers significant advantages for businesses. Whether you’re opening a business account Cyprus or managing international payments, here’s why Zolvat stands out:

  • Best Rates for Currency Exchange: Zolvat provides competitive currency exchange services, offering the best currency exchange rates whether you’re dealing with money exchange in Cyprus or anywhere online.
  • Payment Gateway Integration: Businesses using Zolvat’s software benefit from the payment gateway integration, which simplifies online cash transfers and virtual payments for both small and large companies.
  • Real-Time Updates: Zolvat’s platform offers real-time updates for all your transactions, ensuring transparency and full control over your company account.

Streamline Your Business with Zolvat

Zolvat’s ISO 20022-aligned core banking software doesn’t just facilitate money transfers online; it transforms how businesses manage their financial operations. Whether you’re dealing with a small business account or need advanced solutions for a Cyprus corporate account, Zolvat’s platform is the go-to solution for all your payment solutions needs.

Conclusion

Zolvat’s core software, built with the ISO 20022 payment messaging standard, is more than just a payment messaging standard—it’s a powerful tool that helps financial institutions optimize their business. From SEPA and SWIFT transfers to securing the best rates for currency exchange, Zolvat delivers world-class payment solutions for every business.

Ready to take your business operations to a whole new level? Open a business account online with Zolvat today and experience the benefits that ISO 20022 brings to your business transactions.

Iso being stamped

ISO 20022