SWIFT global payments innovation (gpi)

Cross-border payments, transformed

Real value. Right now.

Banks around the world are mobilising to create a fast and frictionless cross-border payment experience.

By embracing SWIFT gpi – the new standard in global payments – banks are now sending and receiving funds quickly and securely to anyone, anywhere in the world, with full transparency over where a payment is at any given moment. SWIFT gpi dramatically improves cross-border payments across the correspondent banking network, and not least for corporates for whom speed, certainty and a smooth international payments experience an absolute must.

Banks, corporates and market infrastructures around the world are leading the way in making gpi the new norm, so don’t be left behind.

Join the movement and get on board today!


What's in it for you?

Banks

Transform your customers’ cross-border payment experience and reduce your costs.

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Manners

Pay for your international goods and services in minutes or seconds and track your payments.

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Market infrastructures

Enable your community to take full advantage of SWIFT gpi.

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Benefit from SWIFT gpi

Fast payments

Fast payments

Credit your international beneficiaries in minutes or even seconds.


End-to-end tracking

End-to-end tracking

Track your payments from end-to-end in real-time, like a parcel.


Fee transparency

Fee & FX transparency

Transparency over bank fees charged & FX rates applied


Unaltered remittance info

Unaltered
remittance info

Be sure your remittance data will remain unaltered when payments arrive.


Reduced Costs

Reduced Costs

Reduce your enquiry costs by as much as 50% by tracing payments in real-time.


Optimise liquidity

Optimise liquidity

Full visibility on your international payments allows you to optimize your liquidity.


Easy to implement

Easy to implement

Leverage your current SWIFT setup and go-live on gpi in as little as 3 months.


Credit confirmations

Credit confirmations

Get a credit confirmation message as soon as your beneficiary has been paid.


Want to know more about
SWIFT gpi?

Register for an upcoming webinar
Hear from gpi members about how SWIFT gpi is transforming their cross-border payments business. And find out how it can do the same for you.

Register now

Get in touch with our SWIFT gpi experts

Contact us

SWIFT gpi in numbers

100bn+
USD 100 billion+ are being sent
every day using SWIFT gpi
220
gpi payments are being sent over
220 international country corridors and
new corridors are opening every day
160+
160+ financial institutions around
the world have already signed up
to SWIFT gpi
-50%
Banks’ enquiry-related costs are
reduced by as much as 50% as gpi
payments are faster and fully traceable
50%
Nearly 50% of SWIFT gpi payments
are credited to end beneficiaries in
less than 30 minutes
50+
50+ payment market infrastructures
are already exchanging gpi payments,
enabling domestic exchange and tracking

Get started using SWIFT gpi

SWIFT gpi is evolving rapidly. More and more banks continue to sign up and new services are rolling out, which means more value for you and your customers.

In November 2018, as part of the annual SWIFT Standard MT Release, the gpi Tracker will be extended to all payment messages carried between all 11,000 customers on SWIFT across more than 200 countries and territories.

If you have not yet adopted gpi, we strongly encourage that you do so at the same time as performing SR2018 upgrades. This way you can maximise your return on your investment and pass on the value of gpi to your customers.

Latest news and insights

News

Four Asian banks go live on SWIFT gpi

SWIFT announces that four new Asian banks have gone live on its global payments initiative (gpi) in June. This follows the announcement of ten live Chinese banks on gpi earlier this month.
Read more

News

10,000 banks to adopt gpi

SWIFT Community endorses global gpi adoption

Read more

News

Five essentials for handling international payments

Do you know what your corporate clients expect when they make international payments?
Read more