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Eurogiro News
Eurogiro News is a magazine for the promotion
of information, ideas and knowledge within the
Eurogiro community and is published by:
Eurogiro A/S
Telegade 1, 1.
DK – 2630 Taastrup
Denmark
Editor-in-Chief: Michel Stuijt
Production & subscription manager:
Annelise Lysdal
e-mail:
Final editing: August 2014
ISSN: 1727-7442
15 - 19 September 2014
Asian Pacific Postal Union
Executive Council Meeting 2014
in Colombo, Sri Lanka
29 September – 2 October 2014
SIBOS 2014 in Boston, USA
Eurogiro is a global payments community.
We connect posts, banks and other payment
handlers and facilitate a member-driven cooperation
to create business opportunities for our members.
Our network carries payment transfers of all kinds.
Eurogiro accepts no legal responsibility for
consequences that may arise from use of this
publication.
No part of this publication may be reproduced
without the written consent of Eurogiro.
Activity Calendar 2014
Meet us at these events:
Earthport joins Eurogiro
As a Eurogiro member Earthport will be able to expand its low value clearing services for payments
into the accounts of Eurogiro community members
Earthport has signed a membership agree-
ment to partner on the Eurogiro infrastructure,
extending services to Eurogiro members
for international low value clearing to the 60
countries where Earthport facilitates local
payments, and enabling Earthport to connect
to Eurogiro members’ extensive client base.
Integration of the two networks will be com-
pleted over the next few months, followed by
promoting of the services to members.
Paul Thomas, Executive Director at Earth-
port said: “We are proud to join Eurogiro and
excited to be able to add value to corporate
and consumer clients of the membership
community. Over the next few months we
will be working with Eurogiro to integrate
our networks and promote our transparent
international payments service to members.
As well as providing Eurogiro members the
benefits of low value clearing, Earthport also
plans to provide value to its own financial insti-
tution clients by extending its clearing network
to postal accounts through Eurogiro member
agreements.”
Michel Stuijt, CEO at Eurogiro, commented:
“Having Earthport join as a member is a very
valuable addition to the Eurogiro community.
Earthport’s business model cuts cost and
adds efficiency to traditional correspondent
banking methods by tapping direct into the
national clearing systems for account trans-
fers. The connection to Earthport provides,
especially for our postal members, a great
opportunity to expand out-bound as well as
in-bound business.”
Earthport provides a robust, electronic white-
label service for banks and other payments
service providers to make cross-border
payments that benefit from greater transpar-
ency. Across six continents Earthport reaches
over 60 countries directly through local
clearing capabilities with many more in the
pipeline and a further 140 through traditional
methods.
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From left, Michel Stuijt, CEO Eurogiro,
and Paul Thomas, Executive Director
at Earthport
Correction: It has come to the attention of Eurogiro that in the article by Correios do Brasil regarding Mobile Postal Bank in the
Eurogiro newsletter February 2014 issue, page 3, there was a misprint in the year - it should read 2001 instead of 2011.
