The tie up is expected to reduce SBI customers’ transaction costs and time taken for payments, sources said. Time taken to resolve cross-border payments-related inquiries can be reduced to a few hours from up to a fortnight, they said. This will help cross-border payments reach beneficiaries faster and using limited steps.
source https://economictimes.indiatimes.com/industry/banking/finance/banking/state-bank-of-india-joins-jpmorgans-blockchain-based-payment-network/articleshow/81157341.cms
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