Santander and Iberpay pioneer cross-border instant transfers
![](https://api.adnews.galitt.com/uploads/posts/images/666064d9ede98189325242.jpg)
Santander and Iberpay have exchanged the first international instant transfers based on the OCT Inst system, as recommended by the European Payments Council. As the first European bank to join the program, Santander is now able to offer instant cross-border payments that comply with European standards. After two years of consultation and debate, the system should make it possible to meet the political expectations expressed by several international organizations concerning cross-border payments.
![You do not have access to this article.](/_ipx/illustration-padlock.png?f=png&s=300_268)
You do not have access to this article.
Log in to view this article. If you don't have an account, you can contact us and get a subscription for your company.