Friday, July 1, 2022
HomeBankBanks be part of IXB pilot for fast cross-border funds

Banks be part of IXB pilot for fast cross-border funds


Twenty-four banks, together with Financial institution of America, JPMorgan and Wells Fargo, are a part of a pilot challenge for instant cross-border (IXB) funds in {dollars} and euros. The IXB pilot challenge entails U.S.-based The Clearing Home’s (TCH) real-time funds (RTP) community, world messaging service SWIFT and the European EBA Clearing, which gives a real-time pan-European fee infrastructure, […]



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