What is VOSnet?
High-Speed Domestic Clearing
VOSnet is an institutional, multi-bank, multi-currency system for small/medium-sized banks, regulators, and government agencies.
VOSnet provides advanced, independently regulated, and patent protected facilities to track and manage financial reporting, balance of payment flows,
fiscal/treasury positions as well as backend systems to regional money transmission and foreign exchange companies who are supervised by our systems.
A Connected Bank, following the settlement facility process, is able to provide real time book-transfers (on behalf of themselves, and their customers)
to high-speed domestic clearing between VOSnet connected banks– as well as Tier-1 access to the real time worldwide payment network.
Same currency transfers are instant within VOSnet - and can be passed on as cleared funds to any other VOSnet connected bank customer in real time,
in any part of the world.
Transactions involving Foreign Exchange are processed via the KlickEx Market.
KlickEx, through VOSnet and the KlicKEx market, directly manages our world-wide foreign exchange settlement accounts to ensure security, reliability,
and instant delivery of cleared funds.
Depending on the requirements of your business, KlickEx can offer several options for VOSnet integration.
Find out how to connect to VOSnet