service administrator destination
A valid Swift eight-character BIC that Swift assigns to the service administrator. The service administrator destination is used in digital signatures. The service administrator destination can be the same as the primary server destination.
service administrator related participant (SARP)
A Swift user that belongs to the same financial institution as the service administrator. To be considered as part of the same financial institution, Swift must register the service administrator related participant and the service administrator as belonging to the same group of customers for traffic aggregation purposes.
Africa payment series – a view from the South African Reserve Bank
Facilitating inter-regional payment flows
Corporates go live with multi-bank tracking on Swift GPI
Nine corporates supported by seven gpi banks successfully implement multi-bank gpi payments and tracking through their treasury applications
Swift introduces Linux support for key connectivity products
Brussels, 10 October 2012 - Swift, the financial messaging provider for more than 10,000 banking organisations, securities institutions and corporate customers in 212 countries and territories, today announced that customers can now deploy Alliance Access - its flagship messaging interface - on Red Hat Enterprise Linux.
RMA and RMA Plus: managing correspondent connections
This Swift paper explains how you can better understand, manage and mitigate operational, compliance and fraud risks in line with industry recommendations
New paper from the Swift Institute examines the instability of large Bitcoin mining pools
Swift Institute research shows that smaller Bitcoin mining pools may lead to a more stable ecosystem for the digital currency.
Innotribe 2017: Towards even more collaboration
In 2017, Innotribe will reinforce the connections between FinTechs and financial institutions through valuable partnership programmes, events, and networking.
Faster not always better
Anyone with a mobile phone can send a text message to someone on the other side of the world instantaneously – and in most cases for free. However, when it comes to payments, interaction is slower and costly.
Swift supports ISO 20022 harmonisation best practice through MyStandards
Swift:
• Publishes ISO 20022 harmonisation best practices
• Publishes ISO 20022 Real-Time Payments message schemas in line with market practice on MyStandards
• Launches market practice evolution for ISO 20022 High Value Payments messages
Three key trends shaping the future of corporate treasury
At Sibos corporate treasurers and banks came together to explore key trends shaping the future of global treasury