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.
Swift pilots new service for low value cross-border payments
New initiative to improve the payments experience for consumers and SMEs, making them faster, more transparent, easier and competitively priced.
HSBC goes live with Swift’s global payments innovation service
Swift GPI will enable HSBC to increase the speed, transparency and traceability of cross-border payments for its clients
Belinvestbank the first bank in Belarus to go live on Swift’s gpi service
Belinvest, one of the largest banks in Belarus, has become the first bank in the country to go live on Swift's Global Payments Innovation (gpi), responding to the demand for faster and more transparent cross-border payments.
Barclays partners with Swift to enhance service quality for corporate clients
Barclays selects Swift India to reduce complexity and risk for its corporate clients
In focus with Amazon Web Services: The road to a better payments experience
Read how industry collaboration, AI and machine learning can help better predict payment outcomes and realise the benefits of ISO 20022.
Payments Data Quality service: BNP Paribas sets the pace
Reinforcing the payment chain to promote transparency
Regulation in the capital markets: helping or hindering innovation in securities services?
In the second of a three-part series exploring the key takeaways from the securities stream at Sibos 2019, panellists recognise that regulation can inspire innovation.
BNP Paribas Securities Services chooses Swift to connect to TARGET2-Securities
Brussels, 10 July 2013 – Swift, the financial messaging provider for more than 10,000 financial institutions and corporations in 212 countries and territories, announced today that BNP Paribas will use Swift’s Value Added Network (VAN) solution to connect to T2S.
Swift tests instant cross-border gpi payments service in Asia Pacific
Swift to test payments using the New Payments Platform, together with banks from Australia, China, Singapore and Thailand
Bank Otkritie goes live on Swift’s global payments innovation service
Swift GPI provides Bank Otkritie’s customers with greater speed, transparency and traceability of cross-border payments.