Move money instantly, 24/7, with no transaction fees and no limits
BLINC
Global settlements network covering most major cryptocurrency exchanges and market makers
BLINC
BCB LIQUIDITY INTERCHANGE NETWORK CONSORTIUM
One of the first real-time payment networks of its kind to allow free, real-time transactions across fiat and digital currencies.
The network aims to transform traditional payments infrastructure by providing a unified architecture capable of handling instant domestic and international fiat transactions, crypto transactions, cross-currency transactions, security tokens and smart contracts, all provided fee-free within the network.
BLINC enables participants to settle instantly in any of the currencies supported, with no limits.
ABOUT BLINC
BLINC is a global payments network allowing members to pay each other instantly 24/7/365 across multiple currencies, stablecoins, cryptocurrencies and digital assets.
BLINC is for any client within the BCB ecosystem. Currently, these are our institutional clients that include major crypto exchanges, market makers, lenders, funds, brokers and traders. Building on BCB’s established network of business account customers, BLINC’s roadmap begins with instant borderless settlement in GBP, EUR and CHF, with phased rollouts supporting more fiat currencies, cross-currency settlement, crypto settlement and cross-asset settlement.
FEATURES
Real-time 24/7/365 settlement of cash and crypto (coming soon) within the network
FPS, SIC, SEPA and SWIFT access for off-network fiat transfers (incoming and outgoing)
Free account funding
Free transactions
Backed by industry-leading banks and digital asset custodians
Market leading rates for FX conversion
Institutional spreads on fiat-crypto conversion (coming soon)
Segregated client accounts in fiat currencies
Segregated digital asset wallets
BLINC is integrated with DASL, developed by LAB577 and built on Corda, paving the way for greater network growth and blockchain interoperability
BENEFITS
Real-time clearing
Reduced costs
Reduced operational and settlement risk
Free transactions
No inter-counterparty settlement reconciliation required
Reduced counterparty risk
AML and KYC/KYB costs are reduced as participants are already within the network
PRICING
BLINC accounts are free for existing BCB customers
Free to top up your BLINC account
Free transactions within the BLINC ecosystem
Free withdrawals to your BCB account
Balance fees apply for currencies with negative interest rates (e.g. EUR, CHF)
HOW IT WORKS
BLINC is a global payments network allowing members to pay each other instantly 24/7/365 across multiple currencies, stablecoins, cryptocurrencies and digital assets.