Fast, easy and predictable low-value cross-border payments
As the world embraces new waves of digitisation, the experience consumers are accustomed to in their day-to-day lives has been transformed. In the payments world, that translates to an expectation that payments be fast, with transparency baked in up-front, and an elegant and seamless user experience.
The foundations we’ve laid over the past forty years in the high-value inter-bank payments space, in particular with SWIFT gpi, give us the exciting opportunity to transform the experience in the SME and consumer space as well.

The success of SWIFT gpi now provides us with the opportunity to transform the experience in the SME and consumer payment market.
Our solution
We are now working with a group of financial institutions to develop a new low-value payments offering, which will enable SMEs and consumers to make fast, easy, predictable and competitively priced cross-border payments from account-to-account.
- Easy to use: The service will have a simple and streamlined user experience with security ingrained at every level.
- Fast payments: Tighter service levels between banks will increase speed. A single payment format will increase straight through processing, while existing services such as pre-validation will remove frictions that cause delays.
- Competitive prices: Predictable and competitive processing fees are agreed bilaterally between financial institutions, enabling them to provide their end customers with upfront transparency on fees.
- Secure: Payments will be exchanged through the secure SWIFT network and cleared through best-in-class channels for international payments.
Values and benefits
Deliver outstanding customer experience
Delight your SME and consumer customers with more predictable and fast options for moving their payments, directly from their bank account.
Remain competitive in high-growth market
Leverage the SWIFT network to deliver a compelling value-proposition in high growth payments markets.
Position yourself as a payments leader
Harness the power of frictionless low-value payments as a key enabler of your innovation strategy.
How to get started
Get in touch with your SWIFT Relationship Manager
Do you want to deliver fast, predictable and easy low-value payments? Find out how you can get involved by contacting your Relationship Manager.
Catch up with the latest from Sibos
Register for our Sibos session to find out more about the initiative and hear from some of the pilot banks.