Pix And TIPS: The Rails Of A New Global Money
Brazil and Europe study instant payment links that could bring currencies and global markets closer together
Bruno Peres/Agência Brasil
International money still tends to travel along a road filled with toll booths. Correspondent banks, currency conversions, different payment systems and operating schedules can turn a simple transfer between two countries into a process that is slower and more expensive than it needs to be.
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Filed under: business & finance | DonateToRead