US Payment Market Infrastructures Agree To Support SWIFT gpi Tracking Of Cross-Border Payments - The Federal Reserve Banks And The Clearing House Develop Local Market Practices To Facilitate End-To-End Payments Tracking For Their Participants

SWIFT announces today that the Fedwire^® Funds Service of the Federal Reserve Banks in the United States and The Clearing House (CHIPS) have established local market practices for their participants that use the SWIFT global payments innovation (gpi) service.