How do I track a payment with a SWIFT code?

How to Track a Payment Using a SWIFT Code

International payments can be complex and time-consuming to track. However, with the advent of the SWIFT Global Payment Innovation (GPI) initiative, monitoring these transactions has become much simpler. Here are two effective methods for tracking a payment using a SWIFT code:

1. SWIFT GPI Tracker

SWIFT’s GPI tracker is a real-time tracking tool that provides detailed information about the status of your international payment. To use this service, you will need the unique payment reference number provided by your bank.

Steps to use the SWIFT GPI tracker:

1. Visit the SWIFT GPI tracker website at https://gpi.swift.com/tracker.
2. Enter your payment reference number and click on “Track.”
3. You will see a detailed history of your payment, including its current status, location, and any additional information.

2. Bank Inquiry

Your bank can also provide you with detailed information about the status of your international payment. You can reach out to your bank’s customer service department via phone, email, or online chat.

Steps to inquire with your bank:

1. Contact your bank and provide them with the SWIFT code and payment reference number.
2. A customer service representative will provide you with the latest information about your payment’s status.

Ensuring Timely Tracking

Using a combination of the SWIFT GPI tracker and bank inquiry ensures that you can track your international payment timely and efficiently. The GPI tracker provides real-time updates, while the bank inquiry can provide additional details and support if needed. By utilizing both methods, you can stay informed about your payment’s progress and address any issues promptly.