SWIFT BANKING KNOWLEDGE

A. Swift World

Swift is the way the world moves value. Swift Network does this every single instant of every single day, right across the world. No other organization can address the scale, precision, pace and trust that this demands.
Swift is unique. Swift Mechanism was established to find a better way for the global financial community to move value – a reliable, safe and secure approach that the community can trust, completely. Swift has constantly evolved in an ever-changing landscape, without undermining that trust. Nearly five decades on, our vibrant community reflects the complexity and diversity of the financial ecosystem.

Today, goods and services move more quickly and across greater distances than ever before, so value needs to move further and faster too. Swift vision is for a world in which payments are not only trusted but instant. This system innovates tirelessly, tests exhaustively, and then implements fast. In a connected and challenging era, our approach has never been more relevant. There’s no other organisation like Swift anywhere in the world yet. Without Swift, the world would be a very different place. Swift is trusted every instant.

SWIFT (BANKING KNOWLEDGE)

B. Benefits at a Glance

  • Enhance end-customer experience – upfront transparency on fees and processing times
  • Frictionless, instant transactions – pre-processed and pre-validated payments 
  • Optional mutualised services – for data and compliance, further reducing friction and costs 
  • Expand your reach – strengthen existing business and grow in new areas
SWIFT (BANKING KNOWLEDGE)

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