The leading partner with Ripple, Santander has now shake hand and teamed together with SWIFT to go live in four countries including which are Poland, UK, Spain and Argentina. And also banking giant will be using SWIFT’s Global Payments Innovation GPI technology for cross-border payments.
In the reveal it alosaid that -
SWIFT gpi and Santander can now offer a rapid cross-border payments service which will be real-time payments tracking and transparency on bank fees and foreign exchange rates.
In the last moment the announcement also said that the banks aim is to go live in the Mexico and Chile by the end of the year. On top of this, 80% of Santander cross-border transactions will be live on SWIFT GPI by the end of 2018. Furthermore it, they plan to extend to other countries by next year.
For more details check this link
Let us know by writing a comment, so that we too can get a chance to learn something from you. In order to show your happiness and excitement towards my post, please feel free to comments below. ThankYou!
Hi! I am a robot. I just upvoted you! I found similar content that readers might be interested in:
https://ambcrypto.com/ripple-partner-santander-goes-live-with-swifts-global-payments-innovation/
Congratulations @ratnabarman! You have completed the following achievement on the Steem blockchain and have been rewarded with new badge(s) :
Click on the badge to view your Board of Honor.
If you no longer want to receive notifications, reply to this comment with the word
STOPDo not miss the last post from @steemitboard: