Citi Fast Tracks Pounds, Rupees, and Aussie Dollars via Swift
Citigroup allows bank clients to access instant payment systems in the U.K., India, and Australia through a single account. The post Citi Fast Tracks Pounds, Rupees, and Aussie Dollars via Swift appeared first on Global Finance Magazine .
Citi has introduced real-time cross-border payments across the U.K., India, and Australia through a single Swift connection, according to the bank. At the Sibos 2026 event in Miami, Citi announced that its service allows clients to access several countries' instant payment systems through a single account structure. Citi's Global Clearing network and WorldLink Payment Services platform enable this service, eliminating the need for banks to open local accounts, negotiate with partner banks, or build technical infrastructure in each market.
The bank has activated real-time payments in Australian dollars, British pounds, and Indian rupees. Citi aims to expand the service to more currencies and markets. This move aligns with Citi's broader strategy to move money, liquidity, securities, and collateral across borders 24/7, as part of its push to provide instant cross-border payment rails and interoperability with tokenized/digital asset solutions.
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