SWIFT gpi Service

Date Thursday, February 16, 2017
GTB Area Trade Finance

Pioneer in new initiatives, UniCredit is one of the first banks to use the SWIFT Global Payments Innovation (GPI) service, as announced today by SWIFT.

Along with several global transaction banks such as ABN AMRO, Bank of China, Banco Bilbao Vizcaya Argentaria, Citibank, Danske Bank, DBS Bank, Industrial and Commercial Bank of China, ING Bank, Intesa Sanpaolo, Nordea Bank and Standard Chartered Bank, UniCredit is actively using the SWIFTgpi service, exchanging gpi payments across 60 country corridors.

SWIFTgpi enables banks to offer their corporate customers a faster, more transparent and traceable cross-border payments service. This allows banks to provide corporate treasurers with a real-time, end-to-end view on the status of a payment, including a confirmation when a payment has been credited to the beneficiary’s account. Treasurers now also have certainty of remittance information, such as invoice references, which is transferred unaltered.

Read SWIFT's press release: Press Release

Watch the video: SWIFT gpi initiative

Read the brochure: SWIFT gpi