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Home»Fintech»NMB Bank Introduces Swift GPI in Nepal, The Digital Transformation of Cross-Border Payments
Fintech

NMB Bank Introduces Swift GPI in Nepal, The Digital Transformation of Cross-Border Payments

August 12, 20203 Mins Read
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NMB Bank is geared up to introduce Swift GPI i.e Global Payment Innovation, for the first time in Nepal, which grants to track swift payments in real-time. Its main intention is to facilitate consumers with real-time prominence of the swift transfers they make from any place in the world. 

https://www.facebook.com/nmbbank/posts/3411763128854809

In the past NMB Bank has approached  other innovative ventures like omnichannel digital banking which is an interactive banking  utility for  fostering customer centric culture. After this exclusive approach  NMB Bank has  raised their standards by introducing this payment framework  in Nepal’s digital  banking community .Many banks across many countries have already been engaged in implementing Swift  GPI in their banking module.

With this  payment innovation clients are provided with  discrete digital services and are also  accustomed by levels of visibility on payment credits. Being able to send and receive capital in  an instant and vigorous manner to anyone , anywhere in the world while maintaining full transparency over where a payment is at any given moment is what every customer  aspires and deserves. This initiation in the global payment system for NMB Bank  is a step  towards becoming a top notch  in the digital world of banking.

Also Read: NMB Bank Advancing With New OmniChannel Digital Banking Service

Swift GPI: The Digital Transformation of Cross-border Payments

NMB-Bank-Swift-GPI-Nepal

Swift GPI takes payment and customer experience to an advanced level. Introducing Swift  GPI in their banking association will help NMB Bank to meet the expectation of data being accessible and services being executed at the touch of a button as the Global Payment Innovation permits payment to be credited to recipients within a matter of seconds or minutes. These GPI permitted transactions are geared with a unique identifier, therefore they are detectable and transparent.  

NMB Bank has set high standards with this initiation of theirs by enhancing the bank payment processing system. They can benefit a lot from Swift GPI using it to expand their  international trade, by  increasing their efficiency, advancing  new treasury and by  promoting supplier relationships while providing clients with real time data and transparency on payment reliance , making their banking experience reliable, transparent  and effortless .

Swift GPI if incorporated  can undoubtedly upgrade customers’ experience . What do you think about this innovative venture of NMB Bank ? And do you think this has the potential to  set new standards in the digital banking community? 

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