Unicredit NS JP Morgan Today announced the launch of a new payment channel between Europe and the United States using the main route of service Swift Joe (“An innovative tool that allows small businesses and consumers to send small amounts of money anywhere in the world quickly, securely and at competitive prices“).
Unicredit, a bridge to the United States
The Italian bank, unique in the active arena on Swift Go, explains in a note that “UniCredit customers can take advantage of both Jp Morgan’s PayDirect and Swift Go solution to make payments of up to $10,000 to any JP Morgan Chase branch in the USThe most important details are those of the clients: The numbers will be credited on the day the transaction starts and there will be no commission for the beneficiary.
The statement issued makes it clear that this is “Swift Go first step into the US, while other services will soon be available to UniCredit customers in the various European countries in which it operates“: A bridge between the two oceans, in short, to facilitate payment transactions using innovative methodologies:
UniCredit has been a strong supporter of innovations in payment systems for end customers and the collaboration with JP Morgan is another step in that direction. We are constantly striving to support our customers with the best solutions and we are convinced that this new opportunity will be welcomed by customers working with us.
Raphael Barysak, Global Head of Cash Management at UniCredit
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