Payment Route Planner

In cross-border SWIFT payments it is important to model the route in advance:

• From which bank to wire a transfer to minimize the number of intermediaries / correspondents?
• In which currencies is it possible to wire a transfer?
• Which correspondent banks are in between the sender's and beneficiary's banks?

Price: $15 Limited offer - $7.49 for 5 routes.

How Does It Work?

SOWSOF Route Planner is built on an enterprise-grade database of correspondent relations, which is often used by banks to send SWIFT payments.

1. You find sender's and beneficiary's banks by SWIFT/BIC code.

2. Select a currency and build a route.

3. Make one change at a time to find an optimal route: change sender's banks, beneficiary's bank, currency.

Here you can see an example of Route Planner's results for sender's bank CenterCredit in Kazakhstan and beneficiary's bank Hipotekarna in Montenegro with USD as a currency. While CenterCredit has 5 different USD correspondents, none of them are common with Hipotekarna. Even worse, beneficiary's correspondent RBI (RZBAATWWXXX) works via Standard Chartered (SCBLUS33XXX), so you will always have 3 banks in between sender's bank and beneficiary's bank.

However if you change a currency to Euro, you have a common RBI as a correspondent bank (RZBAATWWXXX), so Euro looks safer for this payment.