The Access Bank UK has become a full participant of the Cheque and Credit Clearing’s Image Clearing System (ICS), taking the total number of participants in the ICS to 18.

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Image: Access Bank UK has joined the Image Clearing System. Photo: courtesy of Mike Johnson / FreeImages.

The Access Bank UK Limited is a wholly-owned subsidiary of Access Bank Plc, a Nigerian Stock Exchange-listed company, and the UK plays a key role in the group’s vision to be the world’s most respected African bank.

Central to this aspiration is the organisation’s focus on service and commitment, to build long-term relationships with its business and consumer customers.

Access Bank UK managing director and CEO Jamie Simmonds said: “Today marks another key development for The Access Bank UK as we join the Cheque and Credit Clearing Company’s Image Clearing System, a move which follows a year of significant all-round growth for us in 2017.

“Our ethos is based on building the trust and loyalty of our customers and we have a clear commitment to strong customer service. Joining the Image Clearing System is yet another example of this approach, as we further improve and increase the services we offer”.

The Image Clearing System was launched in the UK as a phased roll-out on 30th October 2017. As banks and building societies connect their various deposit channels into this new clearing infrastructure, it enables them to exchange images of cheques electronically for clearing and payment, significantly speeding up the clearing process.

Cheque and Credit Clearing general manager Alan McDonald said: “It is great news that The Access Bank UK has become a participant in the Image Clearing System.

“Simplifying the payments marketplace and reducing barriers to entry is one of our key business objectives, so we are pleased that our participant numbers continue to increase through opening up access to cheques for banks, building societies and non-bank payment service providers alike.”

Source: Company Press Release