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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. How to thank TFD for its existence? Tell a friend about us, add a link to this page, add the site to iGoogle, or visit webmaster's page for free fun content. |
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