Project Nexus: Enabling Instant Cross-Border Payments

Categories : Digital Money and payments, Technology and Operational Enablers

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Author: Bank of International Settlements

This BIS report gives an overview of how the Nexus scheme and technology work. It should be read by anyone looking for an introduction to Nexus and instant cross-border payments. After reading this report, payments professionals should visit the accompanying technical documents at docs.bis.org/nexus, where there are specific participant guides for payment service providers, FX Providers, instant payment system operators and settlement account providers. The technical site also includes message and API specifications.