The SWIFT gpi customer credit transfer

Changing the world to make cross-border payments faster, transparent and traceable

Delivering a new standard in cross-border payments, today

Now live, the Customer Credit Transfer is the first SWIFT gpi service. Focusing on business-to-business payments,it is designed to help corporates grow their international business, improve supplier relationships, and achieve greater treasury efficiencies. Thanks to SWIFT gpi, corporates can today receive an enhanced payments service from their banks, with following key features:

  • Faster, same day use of funds*
  • Transparency of fees
  • End-to-end payments tracking
  • Remittance information transferred unaltered

The open, accessible model means that any SWIFT-connected bank can sign up to the service level agreement and participate in the initiative.

Click here to learn more about SWIFT gpi.

(*) within the time zone of the receiving gpi member.

Same day transfer of funds

To achieve best practice in cash management and forecasting, today’s international companies expect same day transfer of funds worldwide. Join SWIFT gpi to make this a reality for your customers’ cross-border payments

Transparent fees

In today’s competitive environment, companies expect upfront, transparent and comprehensive information on bank fees

End-to-end payments tracking

To maintain healthy supplier relationships and manage working capital efficiently, companies expect transparency of payments progress and delivery, especially in a complex, globalised trading environment

Be part of SWIFT gpi

Any supervised financial institution that is a member of SWIFT and meets the SLA can join us