Wegagen Bank has launched a new service allowing customers to track international payments made via SWIFT directly through its mobile app. The integration of SWIFT Global Payment Innovation (GPI) provides real-time tracking for cross-border transactions, enhancing convenience for those involved in import-export trade.
Customers can access the service by selecting the SWIFT option within the Wegagen Mobile App and entering their Unique End-to-End Transaction Reference (UETR) number. This feature enables users to monitor the entire payment process from initiation to the beneficiary’s receipt, ensuring transparency, speed, and security throughout.
The new online payment tracking system is expected to improve the efficiency of Ethiopia’s international trade by providing real-time visibility into payment statuses. Wegagen Bank emphasized that this digital innovation reflects its commitment to delivering customer-focused banking solutions that meet evolving market demands.