Correspondent banking trends persisted in 2020, even as payment landscape changed, new data show

Correspondent banking trends persisted in 2020, even as payment landscape changed, new data show

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Correspondent banking trends persisted in 2020, even as payment landscape changed, new data show

Press release | 13 December 2021Correspondent banking trends continued in 2020, with the volume and value of transactions increasing despite the changing payments landscape during the pandemic, according to new data published today by the Committee on Payments and Market Infrastructures (CPMI).Cross-border payment volume and value increased by 2% and 7%, respectively, in 2020.

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