Member-administered closed user group

From ACT Wiki
Revision as of 16:42, 29 November 2014 by imported>Doug Williamson (Linked to The Treasurers Handbook - Payments and payment systems)
Jump to navigationJump to search

(MA-CUG).

Companies can gain direct access to SWIFT via a MA-CUG sponsored by their bank.

However, unlike SCORE, a company can only communicate with its sponsoring bank.

It has to join a MA-CUG for each bank with which it wants to communicate.


See also