02 — Capability · BC-1730.30
High-Value, Instant & Cross-Border Payments
Move high-value, instant and international payments within seconds or the same day, with the correspondent relationships and currency handling that cross-border payments need. Batch payments and card payments are handled elsewhere.
- Real-Time & Cross-Border Payments
- Wire Transfers
- Instant Payments
- International Payments
In scope
- High-value wires over RTGS systems
- Instant payment send, receive and request-to-pay
- Correspondent and nostro and vostro account relationships
- Currency conversion and fees on international payments
Out of scope
- Standard batch, scheduled and same-day payments (see BC-1730.10)
- The enterprise's own foreign exchange risk (see BC-230.30)
- Sanctions screening of payment messages (see BC-1770.30)
- Card payments (see BC-1730.40)
Realized by · 0
- No product in the catalog yet.
Used in · 1
Build it · 0
- Nothing in the library points here yet.
Decomposes into · 4
- BC-1730.30.10High-Value Payment OperationsSend and receive high-value domestic wires over real-time gross settlement systems, including callbacks, approvals and investigations.
- BC-1730.30.20Instant Payment ProcessingSend and receive instant payments around the clock, answering each one within the scheme's time limit, including requests to pay.
- BC-1730.30.30Correspondent BankingHold and run accounts with banks abroad, and theirs with us, so cross-border payments can reach countries and currencies the bank cannot clear directly.
- BC-1730.30.40Cross-Border Payment PricingQuote and apply exchange rates and fees on international payments and show the customer the total cost and expected arrival before they send.