Society for Worldwide Interbank Financial Telecommunications: Difference between revisions
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* [[Payments and payment systems]] | * [[Payments and payment systems]] | ||
* [[Standardised corporate environment]] (SCORE) | * [[Standardised corporate environment]] (SCORE) | ||
* [[ | * [[Swift Go]] | ||
* [[SWIFT gpi]] | * [[SWIFT gpi]] | ||
* [[SWIFTNet]] | * [[SWIFTNet]] | ||
Revision as of 21:39, 17 November 2022
(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
