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UOB, HSBC complete live cross-border transactions on Swift blockchain ledger - HSBC News | Rallies

UOB, HSBC complete live cross-border transactions on Swift blockchain ledger

HSBC•2026-08-27

Next phase set for September 2026

The next phase targets Singapore dollar and US dollar transactions on Swift’s ledger in September 2026, involving additional partner banks.

UOB and HSBC complete live transactions on Swift ledger

UOB partnered with HSBC to complete live cross-border Hong Kong dollar transactions on Swift’s blockchain-based ledger.

The move makes UOB the first Singapore-headquartered bank to execute live transactions on Swift’s shared-ledger platform.

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