UniCredit and JP Morgan employ Swift Go for payments between Europe and the US

Utilizing the banking cooperative’s low-value remittance solution, UniCredit and JP Morgan have partnered to allow small businesses and consumers to send fast and secure near real-time cross-border payments at a competitive price with Swift Go.

Swift Go allows banks to provide their customers with an understanding of service costs and disclosures for transactions and prices, clarifies the terms of the agreement between entities, and information before confirmation.

With the guarantee that payment will be processed in one free day to the recipient, UniCredit customers will be able to use Swift Go and JP Morgan Pay Direct solutions to make payments up to $ 10,000 at a JP Morgan branch. Chasing the United States.

Swift Go which was first introduced in America and promoted was also happening to other UniCredit customers across Europe at its time.

In a joint statement, Raphael Barisaac, chief financial officer at UniCredit, said: “UniCredit has always been a strong supporter of new wage sector reforms that have produced positive results.”

Gayathri Valued, head of global cleaning products at JP Morgan also said: “JP Morgan is committed to business development, so we are pleased that UniCredit is making our new Pay Direct solution and SWIFT will bring Payment Services to Business and its customers. of the US network (ACH), which provides end-to-end information and credit clearance, providing adequate payment options.

Seven parasite banks – BBVA; New York Mellon Bank; DNB; MY Bank; Sberbank; Society General, and UniCredit – affiliated with a minimum wage of $ 33 million a year, are already living and working.

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