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Santander goes live with SWIFT gpi


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The widespread adoption of SWIFT gpi has been driven by demand for faster, more transparent cross-border payments. Nearly half of gpi payments are credited within 30 minutes, many within seconds – and almost 100% within 24 hours. :JC_thinking:


SWIPPLED :Laie_16:

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35 minutes ago, xrpmommy said:

80% of Santander cross-border payments to be on SWIFT gpi by year-end



Still too expensive and needs pre-funding of the accounts. 

Carney: cross-border payments currently cost ten times more than domestic ones. This is unacceptable And Only @Ripple and XRP can make payments in seconds and reduce cost.


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