Bradesco completes first pilot payment using Bank of America cross-border real-time service
BAC•Bradesco completed its first pilot transaction using Bank of America’s Cross-Border Real-Time Payments solution, sending HKD to a Hong Kong beneficiary through the Faster Payment System.
1. Pilot payment details
The payment used Bradesco’s existing Swift connectivity and was delivered in HKD to a local beneficiary through Hong Kong’s Faster Payment System. The update signals early client adoption ahead of a broader rollout to more countries, currencies and client types.
