Major Bank Unveils Industry’s First Real-Time Global Funds Transfer Service

In its ongoing quest to provide state-of-the-art services to its customers, one of the top banks in the world decided to provide its premier customers with the ability to transfer funds between their international accounts in real-time.

Many of the banks premier customers hold accounts in multiple countries. These customers were previously unable to directly transfer money between these accounts in a time-efficient manner. Alacriti responded to the bank’s vision by developing Global Transfers (GT), an engine that serves as a hub for all funds-transfer instructions from the bank’s Internet banking channels.

Global Transfers now enables customers to initiate a funds transfer to and from accounts in 38 countries, in real-time and in any currency.

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