Swift

The G20 has set clear goals for cross-border payments, across speed, transparency, cost and access. Our payments scheme is helping deliver on those goals – making transactions faster, more transparent and more predictable. At the same time, our ledger is accelerating the shift to digital finance at global scale. 👉Learn how we’re expanding what’s possible for cross-border payments: swift.com/payments/payme… #Innovation #Payments

Why is the last mile the longest? While transactions across the Swift network can happen in seconds, around 80% of a payment’s journey is spent in the “last mile” – the time between a payment reaching the beneficiary bank and being credited to the end account. Domestic regulations, local market practices and infrastructure can all result in delays. Our payments scheme is designed to significantly improve that final stage of the journey – bringing greater speed, certainty and transparency to the part of the process that matters most to end customers. “Everyone should be able to transact internationally at pace, safe in the knowledge that the full value will arrive with the recipient and that fees will be affordable and fixed from the start,” says Nasir Ahmed, Head of Payments Scheme at Swift. 👉 Learn more about how the Swift scheme is improving the last mile, with banks including Garanti BBVA, J.P. Morgan Payments, KASIKORNBANK and KEB Hana Bank among its global participants: swift.com/news-events/ne… #CrossBorderPayments #SwiftScheme #G20

True progress in payments won’t come from just one solution – it will come from a multitude of systems working seamlessly together. Our payments scheme and blockchain-based ledger reflect this approach: raising the standard of transfers on today’s rails, while scaling the benefits of digital finance for the future. 👉 Learn more about our parallel track innovation strategy: swift.com/payments/payme… #Innovation #Payments

How are banks navigating transformation in payments? From ISO 20022 and real time tracking to new payment schemes, digital currencies and enhanced fraud protection, change is accelerating. In this testimonial, Groupe BPCE shares how it’s responding – building a more connected ecosystem, gaining faster insights and reinforcing trust as complexity grows. “The banking industry has undergone a profound transformation.” Olivier Hollette, Natixis CIB 🎥 Watch the full conversation: swift.com/payments/case-… #Payments #ISO20022

Improving the state of cross‑border payments is a global ambition shared by the G20. As part of its roadmap to enhance cross‑border payments by 2027, the G20 set clear goals around speed, cost, transparency, choice and access. Real progress is already underway. Today, 75% of transactions over Swift reach the destination bank within 10 minutes, exceeding the G20 target. But there’s more to do. Consistency of experience, financial inclusion and delays beyond the Swift network still need to be addressed. That’s why our payments scheme plays a critical role, helping move the industry closer to cross‑border payments that work better for everyone, everywhere. 👉 Learn how banks including CBA, City Bank, DenizBank and Deutsche Bank – alongside more than 50 others – are bringing this vision to life: swift.com/news-events/ne… #CrossBorderPayments #SwiftScheme #G20

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…