The bank is the first to bring out a platform that allows the public to track and trace payments.
SC GPI Track is a publicly accessible portal.
The process has been likened to tracking the deliver of parcels.
Users can know the status of any payment the bank has processed in real time by entering a SWIFT code.
What does this mean?
The tracking service is one of a series of initiatives by SWIFT to improve customer banking experience when it comes to cross-border transactions.