Citi Becomes First Bank to Launch Multi-Market Instant Payments on the Swift Payments Scheme

NEW YORK–(BUSINESS WIRE)–Today, Citi announced that it is the first bank to go live with multiple markets on the Swift payments scheme. This solution, enabled through Citi’s Global Clearing network and WorldLink® Payment Services, allows bank clients to access multiple cross-border instant payment markets through a single account structure and eliminates the need for separate local banking relationships, bilateral agreements, or local technical infrastructure. Citi plans to expand this capabi

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