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Eurogiro - Your Global Payments Community

Eurogiro is a unique payments network that connects different payments "ecosystems", e.g. postal organisations, post banks, commercial banks and other payment service providers, focusing on cross border high volume - low value payments.

Eurogiro facilitates members' cooperation in the field of international payments and offers efficient solutions supporting their offering to clients. Thereby Eurogiro helps increasing the business of its members.

To learn more, contact us at [email protected] or read What Eurogiro can do for you.

Caixa Econômica Federal, Brazil joins the Eurogiro community

Please welcome Caixa Econômica Federal as a member in the Eurogiro community, and an expansion of the Eurogiro payment gateway for account transfers into Brazil.

Caixa Econômica Federal will participate in the MultiLateral Framework setup and will connect to Eurogiro via the SWIFT Eurogiro Closed User Group on SWIFTNet (SECUG). The installation is scheduled to take place in March 2010. Testing will be conducted adjacent to the installation and subsequently the Eurogiro Connectivity Certificate will be issued.

A USSP agreement is being concluded with Deutsche Bank, i.e. all transactions denominated in USD with Caixa can be settled with Deutsche Bank.

Caixa  Econômica Federal is headquarted in Brasilia and 100% owned by the Brazilian Federal Union. Across its vast network of branches, the bank will provide its customers, at first, with account transfers for incoming international payments.

CAIXA is the main agent for the Federal government's public policies and is present in the life of millions of Brazilians in every Brazilian municipality. This is because this public institution serves not only its bank clients, but the whole Brazilian population through the banking correspondent networks (lottery, bakeries, markets, drugstores and other businesses), the urban infrastructure investments, the social benefits transfer, asset management and international operations. By acting in the sectors of housing, basic sanitation, infrastructure and services, CAIXA plays a core role in the promotion of urban development and social justice in the country, contributing to improve the population's quality of life, particularly the lower income ones.

The bank was established in January 1861, nearly 150 years ago and is today ranking number 5 among Brazilian banks.

For more information on connecting with Caixa Econômica Federal via the Eurogiro network, please contact Ms. Márcia Spinato Ribeiro at [email protected]  
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