Deutsche Bank Links Ripple Expansion to FX and Custody

• Deutsche Bank expands Ripple tech across payments, FX flows, and digital asset custody within operations.
• Ripple-based rails aim to cut cross-border settlement from days to seconds via direct transfers.
• SWIFT names Deutsche Bank a lead architect on a blockchain ledger project with 40+ banks.

Deutsche Bank is seeking to expand its use of technology from the Ripple network as part of an effort to update the processes behind global money transfers, according to the information provided.

The Frankfurt-based banks focus spans cross-border payments, foreign exchange workflows, and digital asset custody. The effort targets parts of international finance that are often described as slow, opaque, and costly, particularly when value moves through chains of correspondent banks rather than directly between parties.

Faster Settlement and More Direct Transfers

Under this approach, blockchain infrastructure powered by Ripple-related technology is intended to support direct value transfers rather than routing funds through multiple intermediaries. As a result, transfers that traditionally take several days are reduced to seconds under the newer setup.

At the same time, the information provided links the speed improvement to practical use cases. For example, multi-currency accounts and global FX trading could benefit from liquidity being supplied in real time rather than waiting for slower settlement cycles.

In addition, transaction records on a blockchain are described as tamper-proof and immediately traceable, which is presented as a security and transparency feature of the documentation layer.

Cost Expectations Tied to DLT Adoption

Beyond timing and processing changes, the information provided also points to operating-cost implications. Estimates cited suggest Distributed Ledger Technology could reduce operating costs in global payments by as much as 30%.

Given that global transaction volumes are reported to reach into the trillions, the same estimates frame the potential savings as major for the institution and its customers, although no specific Deutsche Bank cost figures were provided.

Digital Asset Custody and a Parallel SWIFT Track

The information also indicates that Deutsche Bank is advancing “Digital Asset Custody,” with the stated goal of offering digital asset custody at a security-level comparable to traditional securities. The scalability of Ripple infrastructure is described as the technological base for that custody direction.

In parallel, the material references a prior announcement described as “Deutsche Bank Taps Ripple and SWIFT to Supercharge Cross-Border Payments.” It also states that SWIFT has confirmed Deutsche Bank as a lead contributor and key architect of a new blockchain-based global payments ledger involving more than 40 major banks.

According to the information provided, Deutsche Banks FX, settlement, and custody expertise is positioned as central to building a platform intended to handle large-scale cross-border transactions while reducing operational risk and friction.