EURO1 Participants 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 System.
The Directory thus allows EURO1/STEP1 Participants to route more of their own payments through the EURO1/STEP1 System.
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.