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SNB, ECB explore linking up instant payment systems

Published by Global Banking & Finance Review

Posted on September 29, 2025

1 min read

· Last updated: January 21, 2026

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FRANKFURT (Reuters) -The Swiss National Bank said on Monday it was exploring with the European Central Bank an interlinking between instant payment services. "This initiative supports the general goal

Swiss National Bank and ECB Consider Linking Instant Payment Systems

FRANKFURT (Reuters) -The Swiss National Bank said on Monday it was exploring with the European Central Bank an interlinking between instant payment services.

"This initiative supports the general goal of making cross-border payments faster, cheaper, more transparent and more accessible," the SNB said in a statement.

(Reporting by Ludwig Burger, Editing by Miranda Murray)

Key Takeaways

  • SNB and ECB are exploring linking their instant payment systems.
  • The initiative aims to make cross-border payments faster and cheaper.
  • The goal is to enhance transparency and accessibility in payments.
  • This collaboration could benefit European financial transactions.
  • The SNB released a statement supporting this initiative.

Frequently Asked Questions

What are the Swiss National Bank and ECB exploring?
The Swiss National Bank is exploring with the European Central Bank the interlinking of instant payment services.
What is the goal of the initiative mentioned by the SNB?
The initiative aims to make cross-border payments faster, cheaper, more transparent, and more accessible.
Who reported on the collaboration between the SNB and ECB?
The article was reported by Ludwig Burger and edited by Miranda Murray.

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