Citi and DBS complete first weekend Singapore-US dollar transfer via Swift Digital Ledger

Citi launched a new product on September 7, 2026.

Primary

Citi

Date

September 7, 2026

Sub-sector

PAD/ACH & Bank Rails

Demonstrates emerging infrastructure for 24/7 cross-border payments that could reshape competitive dynamics in remittances and international payments; fintech players should monitor Swift Digital Ledger adoption as potential integration or competitive threat.

Primary company

Citi

Counterparty

Not disclosed

Amount

Not disclosed

Event date

September 7, 2026

Sub-sector

PAD/ACH & Bank Rails

HQ

Not disclosed

Structure

Not disclosed

Source published

Not disclosed

Publisher

PYMNTS

Source: pymnts.com