Simplifying Cross-Border Payments

The Simplifying Cross-Border Payments Playbook, a PYMNTS and SWIFT collaboration, outlines the structural, financial and technological best practices necessary to move money between countries in a compliant, secure and efficient fashion. This playbook will delve into four key factors businesses must consider when sending and receiving funds across borders.

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Inside the September Playbook:

  • 15,000 euros: The maximum amount that can be transferred via the European Union’s Instant Credit Transfer service
  • 57: Number of real-time payments schemes operating worldwide in 2019
  • 3,500: The number of financial institutions that have committed to using SWIFT gpi worldwide

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