Society for Worldwide Interbank Financial Telecommunications: Difference between revisions

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* [[AUD]]
* [[AUD]]
* [[Bank identifier code]]
* [[Bank identifier code]]
* [[Beneficiary leg]]
* [[Broker-dealer]]
* [[Broker-dealer]]
* [[Business identifier code]]
* [[Business identifier code]]
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* [[GBP]]
* [[GBP]]
* [[HKD]]
* [[HKD]]
* [[In-flight leg]]
* [[ISO currency codes]]
* [[ISO currency codes]]
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*[[MT942]]
*[[MT942]]
* [[National Payments Corporation of India]]  (NPCI)
* [[National Payments Corporation of India]]  (NPCI)
* [[Originator leg]]
* [[Payments and payment systems]]
* [[Payments and payment systems]]
* [[Payments Market Practice Group]]  (PMPG)
* [[Payments Market Practice Group]]  (PMPG)

Revision as of 13:47, 5 February 2025

(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


Other resources