The bank is the first to bring out a platform that allows the public to track and trace payments.
In Brief:
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SC GPI Track is a publicly accessible portal.
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The process has been likened to tracking the deliver of parcels.
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Users can know the status of any payment the bank has processed in real time by entering a SWIFT code.
What does this mean?
The tracking service is one of a series of initiatives by SWIFT to improve customer banking experience when it comes to cross-border transactions.