SWIFT to facilitate instant payments in the U.S.
(WorldNews Belgium)

New York, 15 August 2017 - SWIFT announces that it will provide U.S. institutions with a gateway to The Clearing House`s real-time payments (RTP) platform. As instant payments become more ubiquitous in the U.S., SWIFT will provide an interface to manage the requirements of sending and receiving domestic instant payment transactions on behalf of customers. The Clearing House (TCH) is building a new clearing and settlement system to support domestic instant payments in the U.S., allowing consumers and businesses to send and receive payments in real-time and directly from their accounts at financial institutions. It will also include data and non-payment messages that financial institutions can...