Wire · technology
Citi Becomes First Bank to Launch Multi-Market Instant Payments on the Swift Payments Scheme
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Fusion42 · 30 September 2026 · Fusion42 review
Citi has launched the first multi-market instant payments solution on the Swift payments scheme, allowing bank clients to make instant cross-border payments across major currencies like AUD, GBP, INR, and USD without needing separate local banking relationships or technical infrastructure.
This Wire brief sits within Fusion42's coverage of Fintech, and 3 sources have reported it.
◆ ◆ The Wire takeaway
You can now access multiple real-time payment markets globally through one Swift connection without local accounts or tech builds. This opens a direct path for fintechs and payment services to offer seamless global instant transfers fast.
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3 sources · 29 Sep 2026
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