Monday, October 15, 2018

BLOM to adopt newer SWIFT payment service.

BLOM Bank said it has launched the new SWIFT Global Payments Innovation (SWIFT gpi) service, which provides faster, more traceable and more transparent cross-border payment services.

"Settlement times are now predictable since SWIFT gpi provides tracking information on the status of remittances at all stages. Also, foreign exchange rates and charges applied throughout the payment cycle are now more visible thus providing our customers with increased peace of mind," said Antoine Lawandos, ...

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