SWIFT

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SWIFT

Copyright © 2012, Campbell R. Harvey. All Rights Reserved.

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.
Farlex Financial Dictionary. © 2012 Farlex, Inc. All Rights Reserved
References in periodicals archive ?
"We have two models of BH7 and SRN6 airships and they have given us the capacity to declare that we now have the swiftest missile platforms that can fly at a high speed and leave the region after fire," Commander of the Navy's Airborne Unit General Pilot Mansour Rouh Ol-Amini told FNA.
"This is in order to achieve the swiftest and most effective outcome for all stakeholders - including staff, fans, sponsors, creditors and others."
Marconcini couldn't have shown mercy and proceeded to teach Nakano the finer points of grappling in one of the swiftest decisions in the sport here.
In the meantime, managed services will grow at the swiftest CAGR among services.
However, Asia Pacific will exhibit the swiftest growth in the forecast horizon.
The Arctic is already feeling the effects of climate change, Obama said, noting Alaska had "some of the swiftest shoreline erosion rates in the world," which threaten coastal villages.
The logistical center will support the pallet services of the company, one of the swiftest developing business lines of Speedy.
"At this point we'd like to thank the Metropolitan Police for their advice, which assisted us in dealing with this in the swiftest possible manner."
It was the swiftest comeback of a bailed-out nation to international markets in the history of the euro debt crisis.
As fully regulated agents we know that professionalism is key and we also understand that people may be going through a stressful time, consequently we attempt to sell a home in the swiftest fashion to make it as easy for people as possible.
ATLET says every good logistics manager knows that the art of profitable warehousing and distribution is to achieve the swiftest, safest, most reliable and most cost-effective handling of goods between points.
Whenever such incidents comes to light, swiftest actions must be taken against the culprits, to give our brethren from the north-east a feeling, that whichever is the government or the Indian state is as sensitive to their security as the security of anybody else," Tewari told ANI.