Deputy Chief Operating Officer, Frank van der Poll, said SWIFT GPI is the new standard in global payments and is based on existing messaging standards and bank payment processing systems, making it quick and cost-effective to adapt to the new norm.
“For BSP, adapting to this new standard of global payments allows the bank to send and receive funds quickly and securely to anyone, anywhere in the world, with full transparency over where a payment is at any given moment,” said van der Poll.
