HypoVereinsbank

Aracom sets your funds in motion

For the Hypo Vereinsbank, one of Germany’s largest banks, Aracom has created an application in payment transactions to convey so-called Swift messages, which assign consistent codes to the payment process. This simplifies and standardizes the data communication between the financial institutes, which means that money flows faster and saver from Athens to Amsterdam. The Euro simplified a lot. Inconvenient currency changes and conversions are a thing of the past in many European countries. In the financial world differences between national and international transactions are hardly discernable any longer due to the establishing of a single Euro payment area (short SEPA)