Bradesco Completes First Pilot Transaction Using BofA’s Cross-Border Real-Time Payments Solution

Published: September 29, 2026

Bank of America today announced that Bradesco, one of Brazil’s largest private-sector banks, has completed the first pilot transaction using the bank’s Cross-Border Real-Time Payments solution. The payment was initiated through Bradesco’s existing Swift connectivity and delivered in Hong Kong dollars to a local beneficiary through Hong Kong’s Faster Payment System (FPS).

“Financial institutions want a practical way to accelerate international payments without disrupting the channels and processes they use today,” said Christian Stolcke, head of Global Financial Institutions, Nonbank Financial Institutions and Governments in Global Payments Solutions (GPS) at Bank of America. “This pilot shows how Bank of America can connect those existing channels to real-time payment capabilities in markets around the world.”

Bank of America’s solution, announced in June 2026, is designed for high-volume, low-value payments and provides real-time tracking, full-principal delivery and payment certainty. Future availability through CashPro, Bank of America’s digital banking platform for corporate and institutional clients, will provide an additional way to initiate these transactions.

“Completing this first transaction demonstrates the practical application of our solution,” said Daniel Stanton, Payments Product Head in GPS at Bank of America. “It is an important step as we expand the capability to more countries, currencies and client payment types.”

Building on this collaboration, Bradesco and Bank of America are also piloting a separate U.S. payment route through Swift to improve the speed, predictability and transparency of consumer and small-business international payments.