Cross Border Payments

Annual Report highlights FSB’s work to assess and address vulnerabilities in the global financial system

2023 annual report to the G20 describes reflections on the March banking turmoil, financial stability outlook, the FSB’s priority areas of work and the implementation and effects of the financial regulatory reforms

Retail cost speed transparency

FSB Cross-border payments 2023 KPI monitoring data - Retail cost speed transparency

Retail cost speed transparency: Retail Access KPI 1

FSB Cross-border payments 2023 KPI monitoring data - retail cost speed transparency: retail Access KPI 1 data

Country region groupings

FSB Cross-border payments 2023 KPI monitoring data - country region groupings

FSB assesses progress toward achieving G20 cross-border payments targets

The FSB now has the data to quantitatively measure progress toward the 2027 targets across three market segments of payments: wholesale, retail and remittances.

Annual Progress Report on Meeting the Targets for Cross-Border Payments: 2023 Report on Key Performance Indicators

Report discusses the key performance indicators (KPIs) that will, over time, provide estimates of progress toward meeting the cross-border payments targets across three market segments: wholesale, retail and remittances.

Annual Progress Report on Meeting the Targets for Cross-Border Payments: Methodology document

An annex to the Annual Progress Report on Meeting the Targets for Cross-Border Payments: 2023 Report on Key Performance Indicators.

G20 Roadmap for Enhancing Cross-border Payments: Consolidated progress report for 2023

Annual progress report sets out the main insights from the key performance indicators monitoring report and outlines progress on priority themes, including some examples of concrete improvements that have been made or that are underway.

FSB identifies frictions from data frameworks that pose challenges to enhancing cross-border payments

FSB invites feedback from stakeholders on how requirements applicable to data frameworks affect the cost, speed, access, transparency of cross-border payments, or interoperability of cross-border payment networks.

Stocktake of International Data Standards Relevant to Cross-border Payments

Report takes stock of existing national and regional data frameworks, identifies areas of frictions and sets out next steps for promoting alignment and interoperability across data frameworks applicable to cross-border payments.

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