How Cross-border Payments are Evolving

Categories : Customer and Users of Digital Payments, International Remittances

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Author: Sarah Corley

The ability to send and receive fast, transparent and trackable cross-border payments is a key driver to success in global business and trade. The correspondent banking community has made giant leaps forward to meet the requirements of global companies in 2019. This ebook from SWIFT explores how cross-border payments have progressed and utilising the following advancements:

  • End-to-end tracking
  • Final confirmation of credit
  • Unaltered remittance data
  • Transparency on fees
  • Stop and recall