CB and its members

An open system that associates all players

The CB members

The CB members are payment and credit institutions and, more generally, the institutions authorised to supply payment services in accordance with the regulations in force. When they join, they undertake to comply with the by-laws of CB and, overall, all of the CB rules and decisions. They sign the license contract allowing the use of the CB brand.

The members are obliged to present technical and financial guarantees, and to contribute to the consortium’s investment and operating expenses. They can then issue CB cards, install cash withdrawal machines and sign CB acceptance contracts with merchants. They are entitled to the services of CB and take part in its governance. The members also own rights over the assets of CB.

The members undertake to fulfil the obligations of principal members or they are attached to a principal member.

The principal members provide financial and technical guarantees for their CB transactions and those of their associate members. The principal members inform their associate members of their rights and obligations. They may also take part in the work of experts and in the Business Committees. They may become members of the Executive Committee providing they fulfil the conditions defined in the by-laws.

Other institutions authorised to supply payment services may issue CB cards, install cash withdrawal machines and conclude contracts with merchants without being CB members because they are related in a capitalistic or legal manner to a CB member: these are CB Group Entities.

The Interbank Fees

Each member has obligations in relation to the other members and must provide services which are paid for:

By the members who have affiliated merchants, for payment,
By the issuers of CB cards, for cash withdrawal.

Decision of the Competition Authority
The undertakings of the banks
CB multilateral interchange fees and tariffs