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Peter Volnov, CEO at HOT Labs, announces the availability of free and instant U.S. SWIFT accounts for traders of physical goods.
The offering allows traders to open a SWIFT-enabled account with a U.S. sponsor bank and make same-day SWIFT payments without flat fees, basis points charges, or setup fees. Applications are accepted until 09/09.
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Earlier this year, Volnov launched USD fiat accounts allowing companies in 100 countries to hold dollars and settle payments with U.S. banks on the same day. Details of that launch are outlined in a previous report. The new SWIFT-enabled offer for physical goods traders builds on this global payments infrastructure.