EURO1 Banks can directly exchange payments with all participants and sub-participants in both EURO1 and STEP1.
The EURO1/STEP1 Directory allows EURO1/STEP1 Participants and Sub-Participants to list branches, subsidiaries and other financial institutions from all over the world for which they act as correspondents, for payments sent through the EURO1/STEP1 platform.
The Directory thus allows EURO1/STEP1 Participants to route more of their own payments through the EURO1/STEP1 platform. There are almost 1,500 banks and their branches listed in the EURO1/STEP1 Directory.
The EURO1/STEP1 Directory is available online and for download on the EBA CLEARING website and can also be accessed via the SWIFT website. The Directory can be consulted and modified by participants and sub-participants in EURO1/STEP1. Access to and usage of the directory are free of charge for the participating banks.