NatWest exec on faster, cheaper money transfers abroad

A senior NatWest executive says new technology could fix the slow, clunky way money moves between countries. Simon Eacott, the bank's Head of Payments, shared his views in a video interview with FinTech Futures at Sibos 2026 in Miami. The conference ran from 28 September to 1 October.

What he covered

Eacott discussed stablecoins, tokenisation and blockchain as ways to ease long-standing problems in cross-border payments. Tokenisation means turning money or assets into digital tokens that can move on a shared digital record. He also described how NatWest is moving tokenised money projects, including Project Agora, from early tests to systems ready for real use.

The interview also touched on agentic commerce. That means AI tools that shop and pay for you. NatWest is working with major banks on principles for making this kind of buying trustworthy.

Who it affects

Anyone who pays overseas suppliers or sends money abroad could eventually feel the changes. That includes small businesses that buy from other countries and families who send money across borders.

What is not known yet

The material is only a summary of the video. It gives no prices, launch dates or promised savings. It does not name the other banks, and it does not say when customers might see faster transfers. Eacott also covers what the industry can expect from NatWest in the coming months and years, but those details are not in the summary.