Oct Inst news and trends

Swift Launches Cross-Border Instant Payments

November 30, 2023
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Swift Launches Cross-Border Instant Payments

November 30, 2023
Global messaging platform Swift says cross-border payments to Europe can reach their destination in seconds. That’s due to this week’s launch of the European Payment Council’s (EPC) One-Leg-Out Instant Credit Transfer scheme (OCT Inst), which went live this week, the organization announced Thursday (Nov. 30).  This scheme, Swift said in a news release provided to […]