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SWIFT gpi breaks 50% barrier

SWIFT gpi breaks 50% barrier

18 December 2018

Less than two years since launch, gpi captures over half of cross-border SWIFT flows

Brussels, 18 December 2018 - During 2018, SWIFT’s gpi payments service continued to radically transform correspondent banking. With the support of hundreds of financial institutions, including the world’s 60 biggest banks, it is now being used to send hundreds of billions in payments every day – more than half (55%) of SWIFT’s cross-border traffic.

Read the full press release (PDF)