Monographs/Information Papers
Published Date: 03 November 2021

Project Ubin Phase 4: Cross-Border Payment versus Payment (PvP)

The Bank of Canada (BoC), Bank of England (BoE) and the MAS jointly published a report, which assesses alternative models that could enhance cross-border payments and settlements. The report examines existing challenges and considers alternative models that could in time result in improvements in speed, cost and transparency for users.