Standard Chartered floats cross-border payments tracking portal

It is the first bank to launch a public platform for payments tracking.

Standard Chartered has launched SC GPI Track, a publicly accessible portal where clients can trace cross-border payments cleared through the bank’s major clearing centres, according to a news release.

Clients can now obtain the status of any payments in real time by entering SWIFT’s unique end-to-end transaction reference (UETR) connected to the cross-border payment on the public portal.

Standard Chartered becomes the first bank to introduce a public platform for tracking payments ahead of the SWIFT November 2020 payments confirmation mandate.