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Society for Worldwide Interbank Financial Telecommunication
Society for Worldwide Interbank Financial Telecommunication

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!!! Overview
[{$pagename}] ([SWIFT]) provides a network that enables [Financial Institutions] worldwide to send and receive information about financial transactions in a secure, standardized and reliable environment. [{$pagename}] also sells software and services to financial institutions, much of it for use on the SWIFTNet [Network], and [ISO 9362]. [Business Identifier Codes] ([BIC]s), previously [Bank Identifier Codes]) are popularly known as "[SWIFT codes]".
[{$pagename}] transports [financial] [messages] in a highly secure way but does __NOT__ hold accounts for its members and does not provide any form of [Funds Transfer System].
SWIFT is also Registration authority (RA) for the following ISO standards: [7]
* [ISO 9362]: 1994 Banking—Banking telecommunication messages—[Bank Identifier Code]
* [ISO 10383]: 2003 Securities and related [financial] instruments—Codes for exchanges and [Market Identifier Code] ([MIC])
* [ISO 13616]: [International Bank Account Number] [IBAN]
* [ISO 15022]: 1999 Securities—Scheme for messages (Data Field Dictionary) (replaces ISO 7775)
* [ISO 20022]-1: 2004 and ISO 20022-2:2007 Financial services—Universal [Financial] Industry message scheme
In [RFC 3615] urn:swift: was defined as [Uniform Resource Names] ([URNs]) for [SWIFT] FIN.[8]
!! More Information
There might be more information for this subject on one of the following:
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This page (revision-1) was last changed on 29-Nov-2024 16:16 by UnknownAuthorTop