Society for Worldwide Interbank Financial Telecommunications


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Society for Worldwide Interbank Financial Telecommunications (SWIFT)

A dedicated computer network to support funds transfer messages internationally between over 900 member banks world-wide.

Society for Worldwide Interbank Financial Telecommunications

A cooperative society that provides highly secure message communications between banks. It does not transfer money or any other financial materials, but simply provides information. It also standardizes forms between members so as to reduce costs and operational risk. Founded in 1973 and headquartered in Belgium, SWIFT has thousands of members in more than 200 countries worldwide.
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SWIFT, the Society for Worldwide Interbank Financial Telecommunications, is a cooperative telecommunications network owned by its members and headquartered in Belgium.
today announced that, for the first time, the 7,650 financial institutions in 200 countries that comprise the Society for Worldwide Interbank Financial Telecommunications (SWIFT) can now select an industry-standard server platform that delivers the industry's highest levels of uptime reliability to comply with the stringent network-access requirements defined by SWIFT.
Among these customers are Paymentech, the National Stock Exchange of India, Society for Worldwide Interbank Financial Telecommunications (SWIFT), and the Philadelphia Stock Exchange.

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