This capability is designed to expedite the time it takes to process payments from initiation to settlement. It addresses the global trading needs of the bank's financial institution partners and their customers, allowing them to keep liquidity in the region, clear in multiple regional infrastructures, concentrate their accounts and benefit from same-day finality.
These services streamline workflow by reducing cover payments and improving operational efficiency. Transactions are cleared within the trading and clearing times of the local currency, allowing banking clients to receive same-day payment finality, so they can put funds to use within the same time zone.