SOAP in 2017? Yikes.
Design by committee?
- re-implementing all the processes at the receiving bank
- re-implementing all the processes at the sending bank
I mean, arbitrarily picking whatever happens to be a popular comms protocol, with no regard to its functional validity, was how they got to SOAP in the first place.
Probably the only thing stopping them will be the byzantine budgetary processes that quasi civil services have.