2.3. The Global SWIFT Problem

Limitations of the Traditional Financial System

The SWIFT network, widely used for international money transfers, comes with significant drawbacks: high transaction fees, slow processing times, and limited transparency. Each cross-border transfer often involves multiple intermediary banks — each charging its own fee — leading to unpredictable costs and settlement delays that can stretch over several days.

These inefficiencies disproportionately affect small and medium-sized enterprises (SMEs), especially those in developing economies where access to modern financial infrastructure is limited. For these businesses, reliance on SWIFT not only increases operational costs but also hinders their ability to compete globally.

Barriers in Developing Markets

In many emerging markets, the limitations of the SWIFT system are even more pronounced. SMEs face additional challenges due to underdeveloped banking systems, currency restrictions, and lack of access to alternative payment solutions. These obstacles create real barriers to global trade participation and economic growth.

Existing Alternatives and Their Limits

Some digital platforms — such as Wise and Remitly — have emerged as faster and more affordable alternatives to SWIFT. They reduce fees and increase speed by bypassing traditional banking networks. However, in certain countries, regulatory restrictions limit or completely ban the use of these services, forcing businesses to remain dependent on outdated systems.

Coimex & EXIM Token: A Next-Generation Alternative

Coimex offers a fundamentally new approach to global trade finance through blockchain technology. By introducing the EXIM Token, the platform enables fast, secure, and cost-effective international transactions — directly addressing the shortcomings of traditional financial systems like SWIFT.

Key Advantages of EXIM Token in Trade Finance:

✅ Faster Settlements

EXIM Token facilitates near-instantaneous cross-border payments — eliminating multi-day waiting periods associated with SWIFT.

✅ Lower Transaction Costs

By removing intermediaries, the token significantly reduces transfer fees compared to traditional bank-based systems.

✅ Escrow-Safe Payment System

Powered by smart contracts, this system ensures trust between trading parties. Funds are released automatically once delivery conditions are met — reducing counterparty risk.

✅ Regulatory Alignment and Trust

Coimex collaborates with trade chambers and official institutions across multiple countries to ensure compliance and build institutional confidence in the platform.

Why EXIM Token Stands Out

🔹 Real-World Utility

Unlike speculative tokens, EXIM Token is deeply embedded in actual trade operations — making it a utility-driven asset rather than just an investment tool.

🔹 RWA-Backed Ecosystem

As a Real World Asset (RWA)-supported token, EXIM is tied directly to physical trade activity — ensuring stable and growing demand.

🔹 Growing Global Network

Coimex already connects over 50,000 companies across 107 countries, forming a strong foundation for the token’s adoption and usage.

🔹 Global Accessibility

Listed on major exchanges including Bitexen and MEXC, EXIM Token is accessible to a broad investor base worldwide.

🔹 Future-Ready Expansion

Upcoming developments include staking, collateralized financing, and NFT-based shipment tracking — further enhancing the token's utility and long-term value.

EXIM Token is more than a digital asset — it is a trade-enabling technology designed to remove financial barriers and empower SMEs globally. In regions where traditional banking systems fall short, EXIM Token provides a viable, scalable, and transparent alternative — paving the way for a more inclusive and efficient global trade ecosystem.