French Banking Authority gives the green light to FIFA Clearing House

French Banking Authority gives the green light to FIFA Clearing House
On 29 September 2022, FIFA announced that the French banking supervisory authority had granted a license to operate as a payment institution to the upcoming FIFA Clearing House.

The FIFA Clearing House was first announced after the FIFA Council meeting held in Rwanda on 26 October 2018. On 25 July 2019, FIFA officially announced that it wishes to modernize its transfer system, including adopting the brand-new FIFA Clearing house to ensure the payment of Solidarity Contribution and Training Compensation...

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