SWIFT Global Payment Initiative | SWIFT gpi | DBS SME Banking India

SWIFT Global Payment Initiative

Fast, transparent and traceable cross-border payments

Fast, transparent and traceable cross-border payments

At a Glance

SWIFT Global Payment Initiative (gpi) brings transparency and visibility to cross-border payments with real-time tracking and credit data.

Get notified when your supplier/beneficiary’s account has been credited

Same-day use of funds* for your cross-border payments. Subject to the cut-off time of receiving bank

*Subject to the published cut-off timing of the receiving gpi bank and time zone differences between remitting and recipient countries.

Credited amount and FX rates applied are readily available

Features & Benefits

Through end-to-end cross-border payments tracking now available in India

Better cash management and faster turnaround time

Know when funds are received by Beneficiary or if payments are still being processed

Include up to 140 characters of remittance information to help your beneficiary know the payment details

Schedule a callback via this online form.

Alternatively, you can reach us at 1800 103 6500 / 1800 419 9500

FAQs

	How fast will SWIFT gpi process the cross-border payments?
	SWIFT gpi is governed by service-level agreements which requires to process or notify the status of your cross-border transactions within just 4 hours! Customers will experience faster turnaround time for their cross-border transactions.

	How can I be entitled to use SWIFT gpi?
	This capability is a default for our customers’ outgoing and incoming cross border payments. All eligible cross-border payments will automatically be routed through gpi.

	How do we trace the cross-border payments?
	DBS customers can trace their gpi transactions status through DBS IDEAL or by contacting the DBS BusinessCare Team.

	Which banks are participating for gpi?
	For the list of participating banks click here To know that Banks’ live status and certification click here