I find myself fielding a lot of questions from clients about “correspondent banks” and the purpose they serve in international financial markets, plus the role they play in delivering an international payment from a payor in one country to a payee in another country.  Having been in FX and payments

An MT103 is a standardized SWIFT payment message used for cross-border payments aka international wires. Why are they so important? If you haven't read our piece on SWIFT payments [https://routefusion.com/blog/what-are-swift-payments-and-why-should-i-use-them/] , I would start there.  In that article, we discuss how payments can get delayed becasue of

SWIFT payments Yummy!  SWIFT payments are the most hated and the most loved type of payment that exists today.  Why you ask?  Well without SWIFT we wouldn't have an interconnected global banking system, BUT with it, in 2021, we get an antiquated system for sending messages aka moving money around

Local Payments what does this mean and how does it affect your product and customers when deciding on your embedded cross-border payments solution? Local Payments Local payments have many names.  They are also referred to as, International ACH, local payouts, borderless transfers, low-value payments, real-time payments, etc.  At Routefusion we