Moon Banking

Australian Settlements Limited

in Australia 🇦🇺

Australian Settlements Limited in Australia is unranked. Only banks with at least 10 votes are ranked. Cast your votes now!
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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.