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BBVA Launches Swift’s Global Retail Payments Scheme as First Spanish Bank · Cyprus Report

Tech · World

BBVA Launches Swift’s Global Retail Payments Scheme as First Spanish Bank

1 sourceFirst reported 4 days agoUpdated 4 days ago

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BBVA has launched Swift’s new global retail payments scheme, becoming the first Spanish bank to do so.
The initiative aims to provide faster, more transparent, and predictable international payments for individuals and small to medium-sized enterprises (SMEs).
BBVA has been involved with the scheme since its inception and go-live phase.
The new payment system will operate 24/7, facilitating continuous access to international payment services.
The scheme includes a common rulebook to standardize processes across participating banks.

Generated by AI from the 1 sources below · always verify with the originals

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All coverage (1)

BBVA becomes first Spanish bank to launch Swift’s new global retail payments schemeFinextra · 4 days ago

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AI summary: catch up in 20 seconds

BBVA has launched Swift’s new global retail payments scheme, becoming the first Spanish bank to do so.
The initiative aims to provide faster, more transparent, and predictable international payments for individuals and small to medium-sized enterprises (SMEs).
BBVA has been involved with the scheme since its inception and go-live phase.
The new payment system will operate 24/7, facilitating continuous access to international payment services.
The scheme includes a common rulebook to standardize processes across participating banks.

Generated by AI from the 1 sources below · always verify with the originals