BofA to launch cross-border real-time payments via Swift and CashPro

It will connect with several real-time payment networks globally.

Bank of America (BofA) plans to launch a new cross-border real-time payments solution that will enable its corporate, commercial, and financial institution clients to send and receive funds instantly through Swift or CashPro.

The service, expected to launch in Q3 2026, will support high volume, low value international payments, BofA said in a statement on 8 June 2026. It promises real-time payment tracking, full-principal preservation, and lower costs.

The offering will connect to several real‑time payment networks, including SPEI in Mexico, the Faster Payments Service in the United Kingdom, and Unified Payments Interface in India, BofA said.

Clients will be able to receive inbound real‑time payments into the United States of America (USA), where BoA services approximately 70 million customers, it added.