Delivering even more value
SWIFT gpi has rapidly set a new industry standard for cross-border payments, significantly improving the payments experience from end to end for banks and corporates. We’re continuing our mission to make cross-border payments as seamless as possible with a roadmap of new services designed to reduce friction and to deliver more value for financial institutions and corporates.
Additional services for financial institutions
Instant international payments
With instant processing of cross border payments over extended operating hours, gpi instant payment offers end-clients the ability to pay and get paid in real-time.
Financial institution transfer
Through our financial institution transfer service, banks will be able to track and trace both incoming and outgoing institutional transactions sent over SWIFT, enabling monitoring of their settlement and counterparty exposure, accurate and timely institutional intraday liquidity management and forecasting.
Additional services to reduce friction
Chasing up missing payments or payments held for compliance purposes can be a frustrating experience. Our case resolution service equips banks with the tools to reduce manual intervention and enhance customer experience by resolving these issues promptly. Read more
Additional services for corporates
Pay and trace
For corporate treasurers working with multiple banking partners around the world, getting a holistic view of liquidity and reconciling cash operations is a major challenge. By implementing gpi directly into a treasury management or ERP system, treasurers can now initiate and track payments from all their banks through a single interface.
We’re closing the payments loop by offering banks full traceability on incoming gpi payments, bringing new visibility on liquidity and freeing up funds faster. Read more
gpi link with trade and e-commerce ecosystems
For participants in closed trade ecosystems, being able to provide fast, transparent and trackable off-ledger payment settlement in a fiat currency brings significant benefits. Our service to link gpi with these systems will unlock new possibilities for corporates to settle their payment obligations.
Request to pay
Modern commerce demands fast supply chains and simple procurement and payment flows. Equipping banks with the tools to provide their corporates with a fully integrated and automated procure-to-pay engine through gpi will provide better predictability, more certainty and greater traceability on transactions. Read more