Bank Islam implements SWIFT GPI service

Bank Islam implements SWIFT GPI service

The Malaysian Reserve-News·2020-01-20 11:40

The bank now joins 550 banks in over 200 countries to offer the service which also provides transparency on charges involved and allows end-to-end real-time tracking

BANK Islam Malaysia Bhd has implemented the SWIFT Global Payment Innovation (GPI) allowing faster cross-border payment transfer to increase efficiency in international payments and helping drive its fee-based income.

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