Swift

How long do cross-border payments really take? Today, 75% of payments on Swift reach beneficiary banks within just 10 minutes – with many arriving in seconds. We’re building on that progress. Our payments scheme is raising the standard on today’s rails – faster, more predictable, more transparent. At the same time, our blockchain-based shared ledger is unlocking the next phase. Enabling digital finance at global scale. 👉 Want to learn more?swift.com/payments/payme… #Innovation #Payments

Is the future of payments about one solution – or many working as one? Swift’s payments scheme is one half of our parallel track innovation strategy, delivering fast, frictionless cross‑border transactions for today’s world. The other half is the addition of a blockchain‑based shared ledger, designed to enable 24/7, real‑time cross‑border payments and support the trusted movement of regulated tokenised value. Together, they strengthen how value moves across our global network of 11,500 banks and financial institutions in more than 200 countries and territories: securely, at scale and ready for what’s next. BBVA, BNP Paribas, CaixaBank and Citi are among the banks supporting our payments scheme framework. 👉 Discover what this means in practice: swift.com/news-events/ne… #CrossBorderPayments #SwiftScheme

💬 Read below how the Bank of China, Banorte, PT. BANK NEGARA INDONESIA (Persero) Tbk. and Bank of the Philippine Islands (BPI) see this framework working in practice.

What’s changing in cross‑border payments, and why does it matter now? Over 50 banks worldwide have signed up to our payments scheme, introducing a new framework designed to transform retail cross‑border payments. With 25+ banks set to process payments under the framework by June, customers can expect: ✅ Certainty of cost ✅ Full‑value delivery ✅ Faster settlement – including instant where possible ✅ End‑to‑end traceability 👉 Learn more: swift.com/news-events/ne… #CrossBorderPayments #SwiftScheme

Wells Fargo is working with us as part of a global group of banks to design our blockchain‑based ledger for cross‑border payments. Together, we are shaping the rails of the future to support interoperability across all forms of value – today and tomorrow. 👉 Learn more: swift.com/news-events/ne…

How can ISO 20022 go beyond compliance to transform custody operations? In this video, @StateStreet explains how ISO 20022 is embedded across its custody activities to improve data quality, simplify client interactions and enable higher levels of straight‑through processing. By standardising data and removing ambiguity, ISO 20022 helps reduce manual intervention and allows transactions to move more cleanly through the system. State Street also shares how ongoing collaboration with Swift helps both internal teams and clients stay aligned as standards evolve. 👉 Find out more: swift.com/standards/iso-… #ISO20022

Our plans to build a blockchain-based shared ledger have reached a major new milestone. After completing its design phase with a global group of banks, we are now shaping the ledger’s first MVP iteration, which will enable interoperability between banks’ tokenised deposits and facilitate 24/7 cross-border payments. 📅The MVP is planned to go live with real-world transactions this year, as we work in parallel with banks internationally to help accelerate the industry's transition to digital finance. The ledger will allow payments to be executed using tokenised deposits, leverages existing compliance processes and supports multiple settlement options. The result? - Faster payment execution - Better liquidity visibility - Reduced reconciliation efforts - Interoperability across institutions ⚡Learn more about how our progress on the ledger is part of a parallel track strategy to power a best-in-class payments experience, however value moves: swift.com/news-events/ne… #CrossBorderPayments #Ledger

🌍 The transition to ISO 20022 is reaching an important new milestone. As the global payments community continues its move to ISO 20022 – the global standard for cross‑border payments – a key change is on the horizon. 📅 In November 2026, as part of the SR 2026 standards release, unstructured postal addresses will be removed. This change has been requested by the community and reflects the continued evolution of ISO 20022 towards fully structured data – enabling more precise filtering, improved monitoring and higher levels of automation across payments processing. 👉 Learn what this means for your organisation and how to prepare: swift.com/news-events/ne… #ISO20022 #CrossBorderPayments

Société Générale–FORGE is among the global institutions helping to design our blockchain‑based ledger for cross‑border payments. Through industry‑wide collaboration, we’re enabling interoperability across on‑chain and traditional systems. 👉 Learn more: swift.com/news-events/ne…

👉 Hear directly from Swift payments scheme participants and discover what this means in practice: swift.com/news-events/ne…

So, who’s part of this initiative? More than 50 banks across the globe are already supporting the framework, including Akbank, ANZ, Axis Bank and Bank Alfalah.

What if sending money across borders felt as seamless as sending it domestically? Last year, we set out to transform the cross‑border payment experience with the launch of a new Swift payments scheme – designed to deliver fast, predictable and transparent payments worldwide. #CrossBorderPayments #SwiftScheme

Last week, our CEO Javier Perez-Tasso contributed to the Financial Stability Board (FSB) Cross-border Payments Summit organised by Andrew Bailey, Chair of the Financial Stability Board and Governor of the Bank of England, to bring together public and private sector leaders to accelerate progress on cross-border payments. The Summit marked the start of a new implementation phase under the G20 Roadmap - with a clear emphasis on collective action, industry leadership, and closer public private collaboration to make cross-border payments faster, cheaper, more transparent and more accessible. Swift is driving global industry action to ensure end users have the best possible experience. Already today, 75% of payments using the Swift network reach beneficiary financial institutions within 10 minutes, with many arriving in just seconds. Banks are also preparing to go live with a new retail payments framework, delivering greater speed, cost certainty and end-to-end transparency for consumers. In parallel, Swift is building the rails of the future by integrating a shared, blockchain based ledger into its infrastructure - with an initial focus on enabling 24/7, real time cross-border payments. 👉Learn more: fsb.org/2026/03/fsb-ki…

PagoNxt Payments (a Santander company) is working with us as part of a broad group of banking and payment institutions helping shape our blockchain‑based ledger. Together, we are enabling a future where all forms of value can move and interact seamlessly. 👉 Learn more: swift.com/news-events/ne…

DBS Bank is contributing its expertise as part of the global banking community to design and deliver our blockchain‑based ledger for cross‑border payments. Together, we’re building infrastructure that will seamlessly interconnect emerging networks and new forms of value. 👉Learn more: swift.com/news-events/ne…

What if the future of finance wasn’t just digital, but truly interoperable? Our latest trials show how Swift is helping make that a reality. We’ve completed pioneering digital asset interoperability trials with leading institutions, including BNP Paribas Securities Services, Intesa Sanpaolo and Societe Generale – FORGE, showcasing how Swift can orchestrate tokenised asset transactions across multiple platforms. This milestone builds on a broader set of recent trials, such as: ✅ ISO 20022 interoperability between blockchains with HSBC and Ant International ✅ Fiat and digital currency settlement with Citi ✅ Digital asset transaction exchange with Northern Trust and the Reserve Bank of Australia ✅ Bridging tokenised assets with UBS Asset Management and Chainlink Labs With these trials complete, we’re now adding a blockchain-based ledger to our infrastructure stack to enable real-time, 24/7 cross-border payments, in collaboration with more than 40 global banks. 👉 Read the full story: swift.com/news-events/ne… #DigitalAssets #Blockchain #Interoperability #SwiftLedger