👀Germans: Deutsche Bank🇩🇪 launches instant reporting system for money transfers

👀Germans: Deutsche Bank🇩🇪 launches instant reporting system for money transfers

The new API tool, called Swift Instant Cash, provides real-time access to account and balance information through a standardized connection.

➡️ The Instant Cash Reporting (ICR) system addresses a key corporate need: access to efficient, multibank solutions with real-time updates.

➡️ The tool works through a single access point, using the ISO 20022 data model and the secure JSON format. In this setup, Swift operates as the central connector between institutions.

➡️Spanish energy company Iberdrola🇪🇸 was the first client to adopt the ICR system for its corporate operations.

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