Designed with the corporate client firmly in mind, SWIFT gpi tackles treasurers’ quest for speedier payments and greater visibility of transaction fees and FX rates
SWIFT gpi, the predominantly bank-led initiative, is a new payment standard for cross-border payments designed to ultimately address current notable pain points of corporate treasurers: transparency, cost efficiency, speed. But adoption by Asian financial institutions lags European and American counterparts.
Nancy So, Deutsche Bank’s Head of Institutional Cash Management, APAC and Jan Luebke, Head of Market Management APAC, Institutional Cash Management, outline why Asia’s financial institutions should firm up their strategies and begin implementation now in order to be well-placed to serve their Asia-based corporates in the near future.
To find out more, read the full article here.
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