# Bank of America Launches Cross-Border Real-Time Payments

> Bank of America completes first cross-border real-time payment transaction with Bradesco.
- Title: Bank of America Launches Cross-Border Real-Time Payments
- Summary: Bank of America completes first cross-border real-time payment transaction with Bradesco. Bank of America’s Cross-Border Real-Time Payments solution…
- Keywords: bank of america, bradesco, cross-border payments, real-time payments, swift, cashpro, hong kong, faster payment system, corporate payments, rtp network, payments limit, business
- Source: Pymnts — https://pymnts.com/real-time-payments/2026/bank-of-america-launches-cross-border-real-time-payments-solution
- Author: PYMNTS
- Published: 2026-09-29T13:00:55+00:00
- Read time: 1 min
- Topics: bank of america, bradesco, cross-border payments, real-time payments, swift, cashpro, hong kong, faster payment system, corporate payments, rtp network, payments limit, business
## First Transaction
Bank of America completed its first cross-border real-time payment transaction with Brazilian bank Bradesco on Tuesday, September 29, 2026.
## Pilot Transaction Details
The payment was initiated through Bradesco’s existing Swift connectivity and delivered in Hong Kong dollars to a local beneficiary via Hong Kong’s Faster Payment System.
## Solution Purpose
Bank of America’s Cross-Border Real-Time Payments solution supports high-volume, low-value payments with real-time tracking, full-principal delivery, and payment certainty.
## Client Applications
The solution enables international remittances, gig worker payouts, e-commerce marketplace vendor payments, and other global payments for corporate and financial institution clients.
## U.S. Payment Route
Bradesco and Bank of America are also piloting a separate U.S. payment route through Swift for cross-border transactions.
## Corporate Payment Growth
Bank of America clients’ corporate RTP transaction volume increased 48% year over year from January through July 2026, with transactions over $1 million rising 351%.
## Key takeaway

Bank of America’s Cross-Border Real-Time Payments solution completed its first transaction with Brazilian bank Bradesco, enabling real-time payments in Hong Kong dollars.