SWIFT’s universal confirmation of payment deadline November 2020

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Over 50% of GPI payments are credited within 30 minutes of initiation, this speed means that firms are presented with opportunities to provide value-added services around this unparalleled USP, including pre-validation of payments, case resolution services, and improved liquidity management. GPI also provides a natural first step in the direction of cross-border instant payments.

Very interesting article in Finextra today about GPI and Confirmation of Payee.

Outsource and collaborate for streamlined SWIFT GPI Migration?

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