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Its Payserv division handles all payment transfer and cash clearing operations between Swiss banks via the Swiss Interbank Clearing system (SIC), which employs on-line links to all participants and processes an average daily transaction volume of over 150 billion Swiss francs.
BBP AG develops financial messaging applications, offering its software on an in-house or service bureau basis for SWIFT, SIS SegaIntersettle, Swiss Interbank Clearing (SIC), and other networks.
BBP's products are used to process Electronic Payment transactions through the Swiss Interbank Clearing system, as well as for clearing international S.