The SWIFT gpi customer credit transfer
Join the leaders in payments innovation
Sibos TV interview – SWIFTgpi at Sibos 2016The gpi customer credit transfer service brings together banks worldwide who want to offer an enhanced cross-border payments experience to their corporate customers.
For participating banks, the gpi customer credit transfer SLA helps you to meet the expectations of your corporate customers, attract new business and grow volumes by delivering distinctive, responsive services - for example, by providing these market-leading services to third parties.
By being part of this initiative, you’ll improve the quality of your correspondent relationships and network, helping to reduce risks and management costs and improve compliance. Become a leader in payments innovation, helping to shape the future and meet the challenges the industry faces today.
Membership is open to any supervised institution that is a member of SWIFT and willing to adopt the rule book and meet the service level agreement for customer credit transfers.
Current members of the SWIFT gpi initiative
To date, more than 80 banks have joined the service, with the capability to channel payments into over 220 countries – representing close to 71% of SWIFT’s total cross-border payments in volume.