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Iberpay, Swift, BBVA and several international banks have successfully completed the first pilot to process, in a real environment, instant payments between different currency areas. Their ultimate goal is to improve these international payments involving currency exchange in terms of speed, transparency, cost, availability and accessibility. Iberpay and leading Spanish banks such as BBVA, Santander and CaixaBank have carried out the first test of this pioneering service in Europe in anti...

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