It is a financial messaging network which exchanges messages between banks and other financial institution. Majority of international interbank messages uses SWIFT.
http://www.swift.com/products_services/by_customer/banks/swift_for_banks?rdct=t
Friday, 4 April 2014
SWIFT- Society for Worldwide Interbank Financial Telecommunication
It is a financial messaging network which exchanges messages between banks and other financial institution. Majority of international interbank messages uses SWIFT.
http://www.swift.com/products_services/by_customer/banks/swift_for_banks?rdct=t
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