View source for Society for Worldwide Interbank Financial Telecommunications

(SWIFT). 

A co-operative organisation created and owned by banks that operates a network which facilitates the exchange of payment and other financial messages between financial institutions (including broker-dealers and securities companies) throughout the world. 

It is a major international financial telecommunications network that transmits international payment instructions as well as other international financial instruments or messages. 

A SWIFT payment message is an instruction to transfer funds; the exchange of funds (settlement) subsequently takes place over a payment system or through correspondent banking relationships.


== See also ==
* [[AUD]]
* [[Bank identifier code]]
* [[Broker-dealer]]
* [[Business identifier code]]
* [[CAD]]
* [[Category 3 messages]]
* [[CGI]]
* [[Electronic Banking Internet Communication Standard]]
* [[EUR]]
* [[GBP]]
* [[HKD]]
* [[ISO currency codes]]
* [[JPY]]
* [[Member-administered closed user group]]
* [[MT]]
* [[MT940]]
* [[Payments and payment systems]]
* [[Standardised corporate environment]]  (SCORE)
* [[Swift Go]]
* [[SWIFT gpi]]
* [[SWIFTNet]]
* [[Telecommunications]]
* [[Track and trace]]
* [[Treasury counterparty]]
* [[USD]]


==Other links==
* [https://www.swift.com/about-us Society for Worldwide Interbank Financial Telecommunications - about us]
*[https://www.swift.com/about-us/organisation-governance SWIFT - our organisation and governance]
*[[Media:Apr15TTtreasuryinsider17.pdf| Implementing SWIFT, The Treasurer, April 2015]]

[[Category:Cash_management]]