BCB Group - Products - BCB Group Product Improvements and Releases Q1 2025
BCB Group Product Improvements and Releases Q1 2025
The first quarter of 2025 has been a big start to the year for the team at BCB, kicking off with a significant launch down under and extended payment processing times for all USD payments.
🇺🇲 Extended payment processing times for USD payments
Focusing on enabling your business access to a key market like the US, has and continues to be a priority for us. Following a soft launch in December, our most recent enhancement to our USD payments account has extended the payment processing times for domestic and international payments to 9:30pm (UK). Previously it was 5pm (UK). This change better aligns to US banking hours, opening up a larger operating window in a key global market.
🇦🇺 Instant payment rails (NPP) for Australian Dollars
The release of our AUD payments account in 2024, enabled payments made via BECs (Australia’s bulk electronic clearing system). Clients with an AUD account can now also make payments and receive deposits through NPP. New Payments Platform or NPP is Australia’s national fast payments infrastructure that enables real-time payments, 24/7. Access to NPP means faster payments, streamlining transactions and improving efficiency for you and your clients.
đź’» Reset 2FA in client console
Whilst new product functionality is important, we recognise the day to day and freeing up time for your teams is also critical. That’s why we continue to focus on enabling more self-service. Administrators can now reset 2FA (two factor authentication) for members of their team in our client console.
🇪🇺 EUR international gets a makeover
We’ve also given international payments via our EUR payments account an overhaul. These changes mean transfers in your own name, extended payment cut-off times to 3pm (UK), faster settlement and quicker transaction processing, ensuring your funds settle sooner. These changes apply depending on the type of EUR payments account you hold with us. Speak to your account manager to see if you can benefit from these new enhancements.
↔️ Straight through processing for trading
Continuing the theme of automation, we’ve also invested in automating trading withdrawals. If you need to send funds from your trading account, initiating this directly from the BCB Markets trading UI (as opposed to via our Trading Ops team) means withdrawals from your trading account will now benefit from straight through processing. This means faster settlement, getting funds where you need them sooner.
đź’˛Sharper pricing for AUD trading pairs
Last but not least, we’re also able to offer improved pricing for AUD pairs. Whether you’re trading AUD with fiat or crypto pairs, our trading team can offer market leading pricing. Standard with our trading product is access to our trading desk as well as access to the trading console for self-serve.
It’s been a busy start to 2025, but at BCB we believe in continuous improvement and refinement to our services. Rest assured we will be keeping up the pace throughout the year.
Get in touch with us to learn more!