Bank of America to launch cross-border real-time payments next quarter

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Bank of America to Launch Cross-Border Real-Time Payments, Expanding Global Payment Choice

June 4, 2026 9:35 AM EDT

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 costsaligned to the G20 cross-border payment... More