SWIFT

E2724

SWIFT is a global financial messaging network that enables secure, standardized communication and transaction instructions between banks and other financial institutions worldwide.

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All labels observed (7)

Statements (49)

Predicate Object
instanceOf cooperative society
financial messaging network
interbank communication system
abbreviation SWIFT self-link
alsoKnownAs SWIFT
surface form: SWIFT network

SWIFT
surface form: SWIFT system
countryOfHeadquarters Belgium
coverage worldwide financial institutions
founded 1973
foundingLocation Brussels, Belgium
fullName SWIFT self-linksurface differs
surface form: Society for Worldwide Interbank Financial Telecommunication
governance member-owned cooperative
hasIdentifier Bank Identifier Code system
headquartersLocation La Hulpe, Belgium
industry financial messaging
financial services
language English
legalForm cooperative society
messageStandard ISO 15022
ISO 20022
SWIFT self-linksurface differs
surface form: SWIFT MT

ISO 20022
surface form: SWIFT MX
notFunction does not hold customer accounts
does not move money itself
operatesNetwork SWIFT self-linksurface differs
surface form: SWIFTNet
primaryFunction secure financial messaging
standardized communication between financial institutions
transmission of payment and settlement instructions
provides compliance and analytics services
financial standards and reference data
secure messaging services
standardized message formats
regulation overseen by G10 central banks
overseen by central banks
scope global
securityFeature authentication of financial institutions
encryption of messages
end-to-end message security
serves banks
brokerage firms
corporates
market infrastructures
securities institutions
standardizationRole develops financial messaging standards
usedFor cross-border payments
foreign exchange confirmations
securities transactions
trade finance messages
treasury transactions

Referenced by (13)

Full triples — surface form annotated when it differs from this entity's canonical label.

SWIFT fullName SWIFT self-linksurface differs
this entity surface form: Society for Worldwide Interbank Financial Telecommunication
SWIFT abbreviation SWIFT self-link
SWIFT messageStandard SWIFT self-linksurface differs
this entity surface form: SWIFT MT
SWIFT operatesNetwork SWIFT self-linksurface differs
this entity surface form: SWIFTNet
SWIFT alsoKnownAs SWIFT
this entity surface form: SWIFT network
SWIFT alsoKnownAs SWIFT
this entity surface form: SWIFT system
ISO 20022 relatedStandard SWIFT
this entity surface form: SWIFT MT
ISO 20022 usedInMigrationProgram SWIFT
this entity surface form: SWIFT CBPR+ (Cross-Border Payments and Reporting Plus)
La Hulpe, Belgium hasHeadquartersOf SWIFT
subject surface form: La Hulpe
BOFMCAM2 standard SWIFT