Cross Border Payments

Safe, Secure, and Global: Understanding the Power of the SWIFT Network

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What is SWIFT The Society for Worldwide Interbank Financial Telecommunication (SWIFT) is not a bank and does not hold or move money. It is a cooperative organisation headquartered in Belgium that provides a messaging service for financial institutions. More than 11,500 banks and financial institutions across 200 countries use SWIFT’s standardised messages to communicate payment … Read more

The Complete Guide to Payment Systems & International Money Transfers

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International money transfers often feel simple on the surface: you type an amount, press “send”, and the balance goes down. Then the questions start. Why is the payment “pending”? Why did the recipient get less than you sent? Why does it take a day in one case and days in another? Even the wording can … Read more