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Bank of America to Launch Cross-Border Real-Time Payments, Expanding Global Payment Choice
Bank of America to Launch Cross-Border Real-Time Payments, Expanding Global Payment
About this update from Bank Of America Corporation
Key Points Launching next quarter: Bank of America's global cross-border real-time payments solution will enable corporate, commercial and financial institution clients to send and receive funds instantly via Swift or CashPro ® . Built for high-volume, low-value flows such as person-to-person (P2P) and business-to-consumer (B2C) transactions that are expected to increase by 58% and 131%, respectively, by 2032. More speed and transparency: real-time tracking, full-principal delivery and lower costs—aligned to the G20 cross-border payment objectives. LONDON and NEW YORK and MEXICO and SINGAPORE , June 4, 2026 /PRNewswire/ -- Bank of America today announced plans to launch a cross-border real-time payments solution that will enable its corporate, commercial and financial institution clients to send and receive funds instantly through Swift or the bank's flagship digital platform, CashPro ® . The service will offer real‑time payment tracking, full-principal preservation and lower costs. -->
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