Leading foreign exchange and payment specialist connects to SWIFT and achieves greater Straight Through Processing

LONDON, 13th January, 2009 – SMA Financial (www.sma.co.uk), SWIFT Regional partner for UK, Eire and Channel Islands today announced that Cal International (www.cal-intl.com) a leading payment solutions provider has gone live with SMA’s fully accredited SWIFT Bureau Service.

Cal International is fully owned subsidiary of Israel Credit Cards (Cal).  Cal International is a global payment provider offering full service payments solutions for the online environment.

As a cross border EU Member Cal International offers multi currency solutions for Visa, MasterCard and Diners Club cards, as well as facilitating cash flow and sales channels. Cal International offers a full end-to end solution for its merchants that include an in-house payment gateway, fraud detection services, 24/7 customer service and the needed skills and knowledge for an ever-growing industry.

 
Sigal Fattal, CFO of Cal International said, “Cal has a history of providing innovative services to its worldwide customer base.  We are always seeking ways to enhance our systems to maintain payment processing efficiency and the high quality of service that we are recognized for. The ability to offer multiple payment solutions is in line with the needs of our merchants and enables us to offer them not only the highest level of service but also in a safe and global level. SMA Financial was recommended to us and after a careful evaluation we chose their SWIFT Bureau Service to meet our SWIFT connectivity needs.

SMA’s fully accredited Bureau Service offers the quality assurance of a recognised SWIFT Regional Partner, utilising the entire range of SWIFT Products and Services backup by the most accredited team of SWIFT resources in the world.

Simon Murby, Managing Director, SMA Financial commented, “We believe in building long term relationships with our customers and are proud that they back this up by referring SMA to other organizations such as Cal-int’l.  I am delighted that Cal has joined the ranks of our many satisfied bureau customers, and is achieving greater STP within their payment processing operations.”

Over 85 institutions have entrusted the outsourcing of their entire SWIFT solution to SMA, whose multi-site infrastructure, operational experience, added value services and accreditations are the envy of many organisations.