provides customers with an array of benefits such as faster payments, end-to-end tracking and payment acknowledgement.
provides the customers with an array of benefits such as: faster payments, end-to-end tracking and confirmation of information when beneficiaries receive payment.
Onur Ozan, head of Middle East, North Africa and Turkey, SWIFT, said: "On behalf of SWIFT, I would like to congratulate the National Bank of Bahrain on being the first bank in the country to be certified for and go live on SWIFT gpi
. In doing so, it opens up a new corridor for gpi
payments and supports the strong adoption of SWIFT gpi
in this region.
Eleven Indian banks have signed up for the gpi
for corporates allows banks to give users visibility, transparency and control of their entire payment flows and provides them with full transparency over fees and FX so that they can identify the most efficient ways to send their payments around the world.
said the acquisition provides an opportunity to move into Florida's market, which fits into the company's long-term goal of becoming a strategically focussed multi-state operator.
covers 99.7 per cent of the world's population, using 23 qualitative and quantitative indicators from highly respected sources, and measures the state of peace using three thematic domains: the level of Societal Safety and Security; the extent of Ongoing Domestic and International Conflict; and the degree of Militarisation.
In the 2019 GPI
, 86 countries improved while 76 countries deteriorated, with the global average GPI
score improving by -0.09 per cent.
Towards global adoption SWIFT gpi
has seen a rapid take-up with more than 3,500 banks around the world signed up to the service, accounting for 85 per cent of SWIFT's total payments traffic.
A professional engineer, Bazata has held many positions over his 25 years with GPI
, including design engineer, project manager and, for the past three years, deputy director of civil engineering.
is a state-owned enterprise owned by the Gansu State-owned Assets Supervision and Administration Commission (Gansu SASAC).
He said that presently in Azerbaijan, only Kapital Bank is connected to SWIFT gpi
and it is the only bank in the Caucasus region connected to this technology.