22 March 2016
Lee En Hui , Executive Director and CEO of ONEPIP Group (left) with Damien Dugauquier, SWIFT Commercial Director of Corporate Markets.
7th March 2016- ONEPIP is proud to announce that we are now a member of SWIFT (https://www.swift.com/), and have our own unique SWIFT code which can be used to facilitate secure and reliable financial messaging.
As a SWIFT member, ONEPIP will be able to utilize SWIFT’s connectivity with banks and financial institutions through a single, secure and reliable channel. Swift provides the communication platform, products and services to connect more than 10,800 banking organisations, securities institutions and corporate customers in over 200 countries and territories. SWIFT also brings the financial community together to work collaboratively to shape market practice, define standards and debate issues of mutual interest. It also allows for cost efficiency, and the ability to transfer money securely and reliably even in many different currencies. It provides ONEPIP with single-window access to SWIFT’s messaging services to send or receive information such as payments, settlement instructions, FX confirmations, statements and reports.
“We are confident that by joining the SWIFT network it will evidently lower costs and risks, while increasing reliability. With the business steadily growing, we are starting to process transactions of substantial amounts. It is fundamental that we leave zero room for mistakes and errors to in order to ensure the highest standards of accuracy and quality for our clients,” says Rosalind Lim, Head of Group Operations in ONEPIP.
Damien Dugauquier, Commercial Director of Corporate markets in SWIFT comments, “We had been engaging ONEPIP since middle 2014 when they had just started their Hong Kong operations. We’ve had several discussions with them, and with their plans on expanding into other countries in the near future, we feel that the SWIFT platform would be greatly beneficial to them.”