Current Affairs - Banking - Discussion

Discussion Forum : Banking - Latest Current Affairs (Q.No. 75)
75.
Which Indian bank has introduced real-time tracking for international transfers using Swift GPI?
HDFC Bank
ICICI Bank
IDFC FIRST Bank
Axis Bank
Answer: Option
Explanation:
IDFC FIRST Bank has pioneered the introduction of real-time tracking for cross-border payments in India, utilizing Swift GPI technology. This innovative service enables customers to track international money transfers seamlessly through the bank's Mobile App and Internet Banking platforms. By providing transparency and convenience, IDFC FIRST Bank enhances the customer experience, making international transactions as trackable as domestic UPI or IMPS payments. This move underscores the bank's commitment to leveraging technology for improved customer satisfaction and efficiency in banking services.
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