To bypass expensive global correspondent networks, regional groups of central banks deploy interconnected Cross-Border Payment Switches (such as the PAPSS platform in Africa or the Buna system in the Arab region).

[Bank Alpha in Country X] <--- Instant Clearing Rails ---> [Regional Switch Hub] <--- Instant Clearing Rails ---> [Bank Beta in Country Y]

By allowing commercial banks and mobile money operators across different countries to clear transactions directly in local currencies through a single regional hub, these platforms eliminate the need for multi-hop international routing, lowering transaction fees and accelerating cross-border trade.