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    Home > Headlines > SNB, ECB explore linking up instant payment systems
    Headlines

    SNB, ECB explore linking up instant payment systems

    Published by Global Banking and Finance Review

    Posted on September 29, 2025

    1 min read

    Last updated: January 21, 2026

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    Tags:paymentsfinancial communityinnovation

    Quick Summary

    The Swiss National Bank and ECB are exploring linking instant payment systems to improve cross-border transactions, aiming for faster and more transparent payments.

    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 about SNB, ECB explore linking up instant payment systems

    1What 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.

    2What 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.

    3Who 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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