SWIFT global payments innovation (gpi)

Cross-border payments, transformed

Real value. Right now.

Banks around the world are mobilising to create a fast and frictionless cross-border payment experience.

By embracing SWIFT gpi – the new standard in global payments – banks are now sending and receiving funds quickly and securely to anyone, anywhere in the world, with full transparency over where a payment is at any given moment. SWIFT gpi dramatically improves cross-border payments across the correspondent banking network, and not least for corporates for whom speed, certainty and a smooth international payments experience is an absolute must.

Banks, corporates and market infrastructures around the world are leading the way in making gpi the new norm, so don’t be left behind.

Join the movement and get on board today!


What's in it for you?

Banks

Transform your customers’ cross-border payment experience and reduce your costs.

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Corporates

Pay for your international goods and services in minutes or seconds and track your payments.

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Market infrastructures

Enable your community to take full advantage of SWIFT gpi.

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Benefit from SWIFT gpi

Fast payments

Fast payments

Credit international beneficiaries in seconds and, at most, minutes.


End-to-end tracking

End-to-end tracking

Track payments end-to-end in real-time.


Fee transparency

Fee and FX transparency

See bank fees charged and FX rates applied


Unaltered remittance info

Unaltered
remittance information

Ensure remittance data is unchanged when payment arrives.


Reduced Costs

Reduced Costs

Benefit from reduced enquiry costs due to ability to track payments.


Optimise liquidity

Optimised liquidity

Make the most of your liquidity through greater payments visibility.


Easy to implement

Ease of implementation

Use your existing SWIFT setup and go live within three months.


Credit confirmations

Confirmed credit

Receive a credit confirmation message when your beneficiary has been paid.


Want to know more about
SWIFT gpi?

Webinar: Evolutions in cross-border payments
In this webinar, hear from experts from SWIFT and HSBC about the latest evolutions in cross-border payments, including a focus on how SWIFT gpi is supporting this change, and what this means for payment providers and their corporate customers.

Watch now

Get in touch with our SWIFT gpi experts

Contact us

SWIFT gpi in numbers

100bn+
USD 100 billion+ are being sent
every day using SWIFT gpi
220
gpi payments are being sent over
220 international country corridors and
new corridors are opening every day
-50%
Banks’ enquires are
reduced by as much as 50% as gpi
payments are faster and fully traceable
50%
Nearly 50% of SWIFT gpi payments
are credited to end beneficiaries in
less than 30 minutes
55+
55+ payment market infrastructures
are already exchanging gpi payments,
enabling domestic exchange and tracking

Get started using SWIFT gpi

SWIFT gpi is evolving rapidly. More and more banks continue to sign up and new services are rolling out, which means more value for you and your customers.

In November 2018, as part of the annual SWIFT Standard MT Release, the gpi Tracker will be extended to all payment messages carried between all 11,000 customers on SWIFT across more than 200 countries and territories.

If you have not yet adopted gpi, we strongly encourage that you do so at the same time as performing SR2018 upgrades. This way you can maximise your return on your investment and pass on the value of gpi to your customers.

Latest news and insights

News

SWIFT launches gpi payment analytics

Advanced analytics allow banks to optimise payment routes for cost and speed
Read more

News

SWIFT gpi recognised by Economic Times award

SWIFT has been recognised for technological innovation of SWIFT gpi, winning an award for product innovation at The Economic Times BFSI Innovation Tribe 2018.

Read more

News

Closing the case on payment investigations

SWIFT gpi is empowering banking operations teams to solve cross-border payment enquiries and investigations faster and easier than ever before.
Read more