SWIFT
E2724
SWIFT is a global financial messaging network that enables secure, standardized communication and transaction instructions between banks and other financial institutions worldwide.
Aliases (6)
Statements (49)
| Predicate | Object |
|---|---|
| instanceOf |
cooperative society
→
financial messaging network → interbank communication system → |
| abbreviation |
SWIFT
→
|
| alsoKnownAs |
SWIFT network
→
SWIFT system → |
| countryOfHeadquarters |
Belgium
→
|
| coverage |
worldwide financial institutions
→
|
| founded |
1973
→
|
| foundingLocation |
Brussels, Belgium
→
|
| fullName |
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 MT → SWIFT MX → |
| notFunction |
does not hold customer accounts
→
does not move money itself → |
| operatesNetwork |
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 (12)
| Subject (surface form when different) | Predicate |
|---|---|
|
SWIFT
("SWIFT network")
→
SWIFT ("SWIFT system") → |
alsoKnownAs |
|
SWIFT
→
|
abbreviation |
|
SWIFT
("Society for Worldwide Interbank Financial Telecommunication")
→
|
fullName |
|
La Hulpe
→
|
hasHeadquartersOf |
|
Belgium
→
|
hostsHeadquartersOf |
|
SWIFT
("SWIFT MT")
→
|
messageStandard |
|
SWIFT
("SWIFTNet")
→
|
operatesNetwork |
|
ISO 20022
→
|
registrationAuthority |
|
ISO 10383
→
|
registrationAuthorityManagedBy |
|
ISO 20022
("SWIFT MT")
→
|
relatedStandard |
|
ISO 20022
("SWIFT CBPR+ (Cross-Border Payments and Reporting Plus)")
→
|
usedInMigrationProgram |