Case Study: a major bank achieves real-time global funds transfers with Alacriti

Major Bank Unveils Industry’s First Real-Time Global Funds Transfer Service

A major global bank faced the challenge of not allowing its premier customers with international accounts to transfer money between them quickly, as they were limited to slow wire transfers. To improve customer experience, the bank partnered with Alacriti to create a real-time solution.

Alacriti developed the Global Transfers engine, enabling real-time funds transfers between accounts in 38 different currencies and providing guaranteed foreign exchange rates. This solution gave the bank a decisive competitive advantage, generating substantial new revenues and significantly increasing customer satisfaction and loyalty, leading to the service being expanded to more customers.