Business

Innovation in international payment transactions with SWIFT GPI

SWIFT GPI is a new initiative from SWIFT that has revolutionized international payment transactions by combining faster real-time payment tracking and same-day guarantee. According to SWIFT statistics, 95% of GPI transactions are credited to the final beneficiary within 24 hours and more than 40% within 5 minutes, while almost 60% are credited in less than 30 minutes, faster many times more than before. In addition, the SWIFT GPI system allows users to monitor the payment status in real time.

From August 2021, businesses transacting at Sacombank can check via SWIFT GPI whether the reported remittance has been deposited into the beneficiary’s account or see the payments from the purchaser… help businesses manage cash flow more effectively; speed up import and export transactions; reduce the time and cost of checking transactions. Businesses only need to register online to use the feature transaction lookup international payment via SWIFT GPI right on Sacombank website.

The bank representative emphasized that the successful implementation of SWIFT GPI has opened a new chapter in international payment activities and continued the digital roadmap to increase benefits for businesses and keep pace with the technology development trend of the bank. banking industry in general. This feature also demonstrates Sacombank’s pioneering in providing modern banking services to maximize support for import-export businesses.

Besides SWIFT GPI, businesses can pay for international transactions with Sacombank Corporate Card and make domestic payments with many outstanding incentives. On the occasion of launching the first Sacombank Mastercard business card product in the market, Sacombank will launch the promotion program “Excellent privileges – Opening the door to success” from now until June 20, 2022. Accordingly, all customers who open a new business card Sacombank Mastercard will be exempted from annual fee for the first year; in which, the first 400 customers will receive a gift of premium leather briefcase. Especially, the first 1,000 customers who open a credit card will receive a refund of 1.5% of the total transaction volume applied until December 31, 2022; The 10 customers with the highest total payment card transaction volume are given a 256Gb MacBook Air and the next 15 customers with the next highest total payment card transaction volume are given AirPods 3.

For further information please contact:

1900 5555 88

https://www.sacombank.com.vn/

https://cafebiz.vn/doi-moi-trong-Giao-dich-thanh-toan-quoc-te-voi-swift-gpi-20220414113837222.chn


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