Global Payments Simplified.

The International Payments Framework (IPF) provides rules, standards, operating procedures, and guidelines to improve cross-border payments. And because globalization is driving a broader base of clients who demand a more cost-effective, less complex, and more certain payment service with a wider reach, standardization is more important than ever.

In 3 to 5 years, this membership driven organization is expected to enable multi-currency, non-urgent payments to any other member organization; whether through a clearing and settlement mechanism or directly through member banks, utilizing the same standardized process and operating procedures. This will allow member organizations to offer their clients payments to new countries and/or currencies in a quick and efficient manner, lowering processing costs and eliminating the complexities in international non-urgent payments.

• IPF Charter
• Download an Overview of IPF
• Learn about the Benefits of Membership
• IPF Article from Financial-I September 2009(Q3)