[dotwaffle]

> Compared to 6+ intermediaries in a standard SWIFT payment

Huh? I think the message format in ISO20022 can only 3 intermediaries before having to resort to more complex mechanisms. Most SWIFT payments have 0 or 1 intermediaries.

[elric]

Not sure what OP is referring to either.

I guess you could consider SWIFT to be an intermediary instead of a delivery mechanism? But even that doesn't add up to 6+.