Cross Border Payments

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.

FSB Chair’s letter to G20 Leaders: September 2023

FSB Chair Klaas Knot’s letter to the G20 Leaders ahead of their September Summit in New Delhi.

FSB Chair letter to G20 Leaders on Cross-border Payments Roadmap

FSB Chair’s letter to G20 Leaders asks for the G20’s continued support for the Roadmap to enhance cross-border payments.

FSB Chair writes to G20 Leaders ahead of the New Delhi Summit

The Chair outlines FSB work to address vulnerabilities within the financial system and address the financial stability implications of digitalisation and climate change; and calls for continued support as work to enhance cross-border payments shifts to focus on practical projects.

FSB Work Programme for 2023

Annual work programme and publication timetable for the FSB.

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