Tag Archives: SWIFT

  • SWIFT

    Posted on July 28, 2016 by Admin in Banking.

    The SWIFT (Society for Worldwide Interbank Financial Telecommunications) is a global messaging network that financial institutions or banks use to securely communicate within themselves through a standardized system of codes. SWIFT assigns each financial institution a unique code that has either 8 characters or 11 characters. The code is also called the bank identifier code […]

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