The Retail Banking Cluster, Luxembourg (RBCL) is a business line that aims to foster and defend the professional interests of members active in retail banking. It will cover, for instance, retail financial services both from a regulatory and a technological point of view.
The cluster will handle issues such as traditional bank accounts, electronic payments, digital wallets as well as cash handling services. The various distribution channels of the retail financial services are also taken into account.
The customers who are covered are private individuals, micro-enterprises and SMEs using the retail financial services mentioned above. The geographic coverage will be Luxembourg and the Greater Region.