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  • SWIFT gpi has been adopted by 3,946 banks
18.02.20

SWIFT gpi has been adopted by 3,946 banks

More and more banks choose SWIFT gpi global technology for cross-border payments, thereby making them faster, simpler, more transparent and as seamless as domestic payments. 

  • 3,946 financial institutions around the world adopted SWIFT gpi – including 60 out of the 60 top banking groups on SWIFT.
  • Over 76 trillion USD was sent over SWIFT gpi in 2019.
  • gpi customer payments are being made in 150 currencies, across more than 1,900+ country corridors.
  • 94% gpi payments are credited to end beneficiaries within 24 hours and more than 40% within 5 minutes, while 54% are credited in less than 30 minutes.

SWIF gpi enables financial institutions to offer their corporate customers a transformed cross-border payment experience; reduce their payment enquiries by as much as 50%; better manage and optimize their liquidity; enhance their international payments offer by developing their own services on top of gpi.

Source www.swift.com