Australian Settlements Limited
in Australia 🇦🇺
Crypto-Friendliness
How would you rate this bank's crypto-friendliness?
Great job!
Friends don't let friends use bad banks. Thanks for voting.
About Australian Settlements Limited in Australia
Australian Settlements Limited (ASL) is a specialized payments and settlement institution operating as an Authorised Deposit-taking Institution (ADI) in Australia. ASL focuses on providing Payment-Platform-as-a-Service (PPaaS) solutions to banks, fintechs, payment service providers, and other financial institutions across Australia and internationally.
ASL is a B2B payment processing specialist that offers direct connectivity to all Australian domestic payment clearing systems. The institution operates under the supervision and regulation of the Australian Prudential Regulation Authority (APRA) and the Reserve Bank of Australia (RBA), holding an Exchange Settlement Account (ESA) at the RBA.
In August 2025, ASL was acquired by Banking Circle S.A., a Luxembourg-licensed payments bank, creating a powerful integrated platform combining local Australian expertise with global cross-border payment capabilities.