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UniCredit and JP Morgan join forces on SWIFT Go project

Friday 8 October 2021 12:12 CET | News

UniCredit and JP Morgan have joined forces in the SWIFT Go project which aims to enable small businesses and consumers to send cross-border payments anywhere in the world.

Under the new collaboration, UniCredit clients are able to leverage both JP Morgan's PayDirect solution and SWIFT Go to make payments of up to USD 10.000 to any JP Morgan Chase branch in the US. The payments will be credited on the same day and free of charge for the beneficiary.

The announcement represents the first step in SWIFT Go's roll-out in the US, with further services to be extended to other UniCredit clients across Europe soon.


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Keywords: JP Morgan, SWIFT, transactions , cross-border payments, partnership
Categories: Payments & Commerce
Companies:
Countries: United States
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