Swift Go
From ACT Wiki
SWIFT.
Swift Go is an international payment system to increase the speed and transparency of transactions.
Swift Go is a development of Swift gpi.
- Faster Swift Go transaction between Egypt and China
- "Using SWIFT Go, BNY Mellon recently announced it had successfully facilitated one of the first fully transparent payment transaction between Egypt and China.
- Delivery of funds to the beneficiary and confirmation to the originating bank were achieved in less than three hours compared with cross-border transactions between Egypt and China which had previously taken over two days."
- Association of Corporate Treasurers - Update on the Payments landscape – October 2022.