G20 goals for enhancing cross-border payments

Cross-border payments underpin global trade, remittances and economic growth. Improving their speed, transparency and cost is a shared priority for the global financial community. To support this, the G20 and the Financial Stability Board (FSB) defined a set of global targets to enhance how money moves across borders by 2027. Swift continues to play an active role in supporting this progress, working with the global community to strengthen existing infrastructure, improve data quality and drive greater coordination across the ecosystem. This page explains what the G20 goals are, why they matter and how the global payments ecosystem is progressing towards them.