⚡️ Swift ➕ Wise Integration: International Payments Will Be More Affordable for Banks

⚡️ Swift ➕ Wise Integration: International Payments Will Be More Affordable for Banks

Now, payments initiated by banks through SWIFT can be completed quickly and efficiently on the Wise platform, thanks to a new correspondent service offering.

➡️ Despite the current banking infrastructure being somewhat outdated, 11,500 institutions around the globe are connected to SWIFT, moving the equivalent of the world's GDP in just three days.

➡️ The Wise Platform will leverage Swift's expanded capabilities, including cloud and API connections, to enhance its service.

➡️ Banks will be able to access all the benefits of Swift GPI, such as pre-validation and payment status tracking. The Wise platform will provide a complete view of these transactions across both networks.

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