Banks sign up with IXB pilot for instantaneous cross-border payments

Twenty-4 banks, consisting of Bank of America, JPMorgan and Wells Fargo, belong to a pilot job for instant cross-border (IXB) payments in dollars and euros. The IXB pilot job includes U.S.-based The Clearing House’s (TCH) real-time payments (RTP) network, worldwide messaging service SWIFT and the European EBA Clearing, which supplies a real-time pan-European payment facilities, […]


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