Delegates take photo at the launching ceremony (Source: VNA) Hanoi (VNA) – The Military Commercial Joint Stock Bank (MB)recently launched the SWIFT – Global Payments Innovation Initiative (GPI)project.
SWIFT – GPI, which went live in January2017, brings together banks worldwide which want to offer an enhancedcross-border payments experience, build their corporate client base and savepayment enquiry costs.
More than 165 banks have joined the service,with the capability of channeling payments into more than 200 countries,representing 78 percent of SWIFT’s total cross-border payments in volume.
Speaking at the launching ceremony onSeptember 17, Le Xuan Vu, Member of Board of Directors of the MB, appreciatedthe GPI Initiative , saying it will help the bank create an outstanding paymentsystem that meets customers’ requirements.
Carlos Ugalde from SWIFT – a top globalprovider of secure financial messaging services – introduced participants tothe outcomes of GPI implementation of banks across the world and the benefitsthe initiative offers banks and customers.
He affirmed he would help MB define thescale of carrying out the project and build a plan to ensure the GPI goes livein the first half of 2019.-VNA
VNA
