Source - SMW
Earthport has signed a memorandum of understanding (MoU) with SECB Swiss Euro Clearing Bank, in order to reach an agreement to provide foreign payment services. SECB Swiss Euro Clearing Bank is based in Frankfurt, Germany, and is a significant bank in the region. It is Earthport's goal to establish itself as a local service provider of cross-border payments to banks in various countries and SECB would be Earthport's first client in Germany.