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.
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