Cross-Border Payments in the Digital Age
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Bibliographic details
- Session: CT 25.19
- Location: Shenzhen, China
- Dates: November 17-21, 2025 (1 week)
- Delivery method: In-person Training
- Primary language: English
- Status: Deadline passed
Training Program Overview
- Session No.: CT 25.19
- Location: Shenzhen, China
- Date: November 17-21, 2025 (1 week)
- Delivery Method: In-person Training
- Primary Language: English
- Status: Deadline passed
Target Audience and Qualifications
- Target Audience:
- Mid- to senior-level officials working in the payment, legal, technology, monetary policy, foreign exchange management, and financial stability departments at the central bank and in positions with similar responsibilities.
- Qualifications:
- Participants should have experience in operations, policy, and/or oversight in one or more of the following areas: payments, legal, technology, monetary policy, foreign exchange management, and financial stability.
Course Description
- Designed based on the G20 Roadmap for Enhancing Cross-border Payments and the IMF-World Bank approach to cross-border payments technical assistance.
- Interactive format using a combination of:
- lectures,
- case study simulations,
- group or individual presentations,
- panel discussions.
- Lectures explore the evolving landscape of cross-border payments in the digital age and focus on how it could be improved.
- Analytical focus areas include:
- pain points of developing cross-border payments,
- regional and international initiatives to address those obstacles in the near term including improving access to payment systems, interlinking fast payment systems, and application of AML/CFT rules,
- data frameworks applicable to cross-border payments,
- adoption of Legal Entity Identifiers,
- initiatives such as central bank digital currencies (CBDC) and crypto assets.
- Learning approach:
- Participants will gain a basic understanding of cross-border payments and the actions underway to address the challenges and apply them in hypothetical case studies.
Course Objectives
- Upon completion of this course, participants should be able to:
- Understand the ongoing reshaping of cross-border payments in the digital age, including the factors driving the development of cross-border payments.
- Establish a clear understanding of work underway at regional/ international level to enhance cross-border payments.
- Analyze the benefits and risks of digital money use in cross-border payments.
- Discuss practical ways of improving cross-border payments to reach the quantitative Roadmap targets.
References