RosettaNet and Society for Worldwide Interbank Financial Telecommunications: Difference between pages

From ACT Wiki
(Difference between pages)
Jump to navigationJump to search
imported>Doug Williamson
m (Changed 'organisation' to 'consortium' and added a little bit more information about what the standards refer to, electronic data exchange. Added see alsos)
 
imported>Doug Williamson
(Update link.)
 
Line 1: Line 1:
A global consortium that develops standards for electronic data exchange between global supply chain partners.
(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.


==See also==
It is a major international financial telecommunications network that transmits international payment instructions as well as other international financial instruments or messages.
* [[UN/EDIFACT]]
 
* [[Electronic data interchange]]
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 ==
* [[Bank identifier code]]
* [[Broker-dealer]]
* [[CGI]]
* [[Electronic Banking Internet Communication Standard]]
* [[ISO currency codes]]
* [[Payments and payment systems]]
* [[SWIFT gpi]]
* [[Telecommunications]]
* [[Track and trace]]
 
 
===External link===
* [https://www.swift.com/about-us Society for Worldwide Interbank Financial Telecommunications - about us]
 
[[Category:Cash_management]]

Revision as of 01:50, 8 January 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


External link