Bradesco completes first instant international payment via Bank of America technology

instant international payments cross-border transactions fintech innovation real-time payments banking technology

Bradesco has successfully completed the first instant international payment using real-time technology developed by Bank of America. The transaction, which served as a pilot for Bank of America’s Cross-Border Real-Time Payments solution, involved crediting funds in Hong Kong dollars to a local beneficiary via Bradesco’s existing Swift connectivity.

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Entities

Bank of America · Bradesco · SWIFT

Claims

What the coverage asserts, and how many sources carry each claim.

[○ 1 SOURCE] The payment was credited in Hong Kong dollars to a local beneficiary. www.estadao.com.br
[○ 1 SOURCE] The transaction was the first pilot operation of Bank of America’s Cross-Border Real-Time Payments solution. www.estadao.com.br
[○ 1 SOURCE] The transaction utilized Bradesco’s existing Swift connectivity. www.estadao.com.br
[○ 1 SOURCE] Bradesco completed the first instant international payment using technology developed by Bank of America. www.estadao.com.br