Skip to content
◆ClearingPost

P27

FPS

P27 was a joint Nordic initiative to build pan-Nordic multi-currency clearing. The project was cancelled in April 2023 after P27 Nordic Payments Platform withdrew its clearing license application from Finansinspektionen. Approximately EUR 700M was invested. The underlying need for Nordic cross-border payment interoperability is now being addressed through individual bilateral connections to the ECB TIPS platform. P27 the company continues as the holding company owning Bankgirot.

NowHours: computing from the published schedule…Service condition: not monitored details

ClearingPost does not assess whether P27 is running normally.

Next

Dated items ClearingPost holds, each with its source and whether the date is confirmed

No supported upcoming items in ClearingPost's records for P27.

ClearingPost holds sourced upcoming items for 16 of 150 systems; an empty list is a statement about ClearingPost's records, not about a system's plans.

Changed

Material, sourced changes ClearingPost recorded; corrections to its own record are labelled as such

No substantive change recorded for P27 in ClearingPost's change records.

The full activity log for this system, including context notes, is on the Changes page.

Sources No status page recorded · 5 of 13 fields carry a source and a recorded date · latest sourced entry recorded 16 Apr 2026 · evidence details ↓

Record · P27

Country
Nordics (NORD)
Currency
Multi-currency (SEK/DKK/NOK/EUR)
Operator
P27 Nordic Payments Platform
Type
FPS
Operating Window
24/7/365
Year Established
2019
Daily Volume
N/A
Tier?
Tier 2
ISO 20022?
Native
Region
Nordics
Settlement Type?
Net
Participants
6 owner banks: Danske Bank, Handelsbanken, Nordea, OP Financial Group, SEB, Swedbank
Notes

Mastercard exploring sale of Nets real-time payments/clearing business acquired for €2.85B in 2019 (FT, 26 March 2026). Nets RTP unit generates ~$370M annual revenue and ~$100M EBITDA. P27 was built on Mastercard/Vocalink infrastructure for Nordic multi-currency payments. Potential sale could change P27's clearing infrastructure provider. Vocalink (UK FPS, Canada RTR) is a separate Mastercard subsidiary not included in the Nets divestiture.

Operations · P27

Operational monitoring: not configured. ClearingPost does not monitor operational sources for this system and does not assess its current service condition.

Operations lists the systems ClearingPost monitors and the operational events it has recorded.