Article Author: DTB partners with Swift for payments
Media Source: Business Daily (Kenya)
Date: 24 April 2019
Diamond Trust Bank (DTB) has partnered with SWIFT to streamline cross-border payments by providing real-time payments tracking and transparency on transaction fees and foreign exchange rates. DTB, which operates in Kenya, Burundi, Tanzania and Uganda, will be the first East African bank to go live on SWIFT’s global payments
Diamond Trust Bank (DTB) has partnered with SWIFT to streamline cross-border payments by providing real-time payments tracking and transparency on transaction fees and foreign exchange rates. DTB, which operates in Kenya, Burundi, Tanzania and Uganda, will be the first East African bank to go live on SWIFT’s global payments innovation (SWIFT gpi) service. Through the service, clients will be able to track the status of their payments from end to end, including information about each participant in the payment chain and any fees that have been deducted.