Bank for International Settlements
Enhancing Cross-Border Payments Insights from 2025 Survey
Pages
35
Time to read
71 mins
Publication
Language
English
Pages
35
Time to read
71 mins
Publication
Language
English
This document is a technical report that presents the findings from the 2025 monitoring survey on enhancing cross-border payments. It outlines the results based on responses from 82 jurisdictions, focusing on the status and plans for implementing international guidance related to payment systems. The report details key areas such as payment system interoperability, operating hours, and access policies. It emphasizes the importance of expanding access to payment systems and aligning operating hours to improve efficiency and liquidity management. The report also discusses the role of international cooperation and technical assistance in achieving the G20 Roadmap objectives for cross-border payments. It highlights the need for jurisdictional action plans that involve both public and private sector stakeholders to address domestic and regional frictions. The findings indicate that while significant progress has been made, challenges remain, and continued efforts are necessary to enhance the cross-border payment landscape.