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SWIFT

The Society for Worldwide Interbank Financial Telecommunication (SWIFT) runs a worldwide network by which messages concerning financial transactions are exchanged between banks and other financial institutions. As of December 2001 it links over 7,000 financial institutions in 194 countries and estimates that it carries payment messages averaging more than six trillion US dollars per day. In 2000 about 1,200,000,000 messages were carried.

SWIFT is a cooperative society under Belgian law, owned by its member financial institutions with offices around the world.

It was founded in Brussels in 1973, supported by 239 banks in 15 countries. It started to establish a common language for financial transactions and a shared data processing system and worldwide communications network. Fundamental operating procedures, rules for liability etc., were established in 1975 and the first message was sent in 1977.

See also: List of SWIFT codes

External links

  • SWIFT web site -- http://www.swift.com/
  • List of SWIFT codes -- http://www.spunge.org/~juice/internationalswift.html

Referenced By

Bank | Bank Identifier Code | Bank account | Banker | Finance | Finance and investment | Financial | ISO 9362 | List of SWIFT codes | List of finance topics

 

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SWIFT
luis.fuentevilla@trin.net - October 6th, 2005
I need a list of swift codes from Mexican banks or a place i can find them!!!! Thank you very much. Best Regards
read more »       messages 1
 
SWIFT
bigbash@yahoo.com - October 20th, 2005
please i want know the swift code of nigerian banking
read more »       messages 1
 
SWIFT
e013902@ctimail.com - September 29th, 2006
Is there anyone know where to buy SWIFT software or how to download it? Very much appreciated if someone can inform me this to my email address as given above. Urgent
read more »       messages 1
 
SWIFT
bigbash@yahoo.com - October 20th, 2005
please i want know the swift code of nigerian banking (list of all of them)
read more »       messages 2 - last message on November 7th, 2006
 

 

 

 

This article is licensed under the GNU Free Documentation License. It uses material from the Wikipedia article "SWIFT".

 

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