RBC has turn out to be the primary Canadian financial institution to roll out Swift Go, enabling companies to ship cross-border close to real-time low-value cross-border funds.
RBC has now partnered Swift, in addition to JP Morgan, to assist Canadian companies ship cross-border funds of as much as $10,000 in foreign currency echange with “pace, safety, predictability and effectivity”.
The financial institution says the service additionally presents aggressive and clear pricing, with decrease processing prices in comparison with conventional wire providers and upfront visibility into the quantity, time, charges and international change charge of a fee.
Lisa Lansdowne-Higgins, SVP, enterprise transformation and deposits, RBC, says: “By providing cost-effective, quick and predictable cross-border funds, the introduction of Swift Go will make it simpler for Canadian corporations to plan their money movement, forecast their liquidity place and do enterprise globally.”