Iberpay

Iberpay is the Spanish Payment Service Company. Its main purpose is to manage the Spanish interbank payments infrastructure (SNCE) which is specialised in the processing, clearing and settlement of transactions between financial institutions. It is also entrusted with the management of the Spanish Cash Logistics System (SDA) implemented by the Bank of Spain, and provides other added value services in terms of payments. Iberpay plays a critical role in a developed and complex society by contributing, through its payment rulebooks and infrastructures, to the agile flow of funds, goods and services among citizens and businesses, committing to the progress of the country as a whole. Its purposes are those of an Interbank Clearing House and of a payment system provider for domestic and foreign entities. Iberpay bases its activity on specialisation, experience and the ability to develop its products under the general agreement of the Spanish financial community, the majority of which pa...