SWIFT
E2724
SWIFT is a global financial messaging network that enables secure, standardized communication and transaction instructions between banks and other financial institutions worldwide.
All labels observed (7)
| Label | Occurrences |
|---|---|
| SWIFT canonical | 6 |
| SWIFT MT | 2 |
| SWIFT CBPR+ (Cross-Border Payments and Reporting Plus) | 1 |
| SWIFT network | 1 |
| SWIFT system | 1 |
| SWIFTNet | 1 |
| Society for Worldwide Interbank Financial Telecommunication | 1 |
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.
this entity surface form:
Society for Worldwide Interbank Financial Telecommunication
this entity surface form:
SWIFT MT
this entity surface form:
SWIFTNet
this entity surface form:
SWIFT network
this entity surface form:
SWIFT system
this entity surface form:
SWIFT MT
this entity surface form:
SWIFT CBPR+ (Cross-Border Payments and Reporting Plus)
subject surface form:
La Hulpe