Society for Worldwide Interbank Financial Telecommunications and Treasury securities: Difference between pages

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(SWIFT).
‘Full Faith and Credit’ obligations of the US Government issued by sale at periodic auctions, and delivered and cleared electronically.
 
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.


Also known as 'treasuries'.


== See also ==
== See also ==
* [[Bank identifier code]]
* [[Treasury]]
* [[ISO currency codes]]
* [[Payments and payment systems]]
 
 
===Other links===
* Society for Worldwide Interbank Financial Telecommunications http://www.swift.com/index.page?lang=en


[[Category:Cash_management]]
[[Category:Debt_Capital_Markets]]

Revision as of 23:09, 4 November 2013

‘Full Faith and Credit’ obligations of the US Government issued by sale at periodic auctions, and delivered and cleared electronically.

Also known as 'treasuries'.

See also

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