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 Consulting Services for corporates factsheet
Further optimise your treasury and cash management processes by adopting industry best practices for bank connectivity
Swift’s CLS Third Party Service
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Factsheet - Swift Services for the CLS community
Supporting the migration to a new platform (CLS Member Gateway Elimination Project)
Swift Services for T2S - Celent report
The European post-trade infrastructure is going through a sea change with the implementation of the T2S platform by the ECB and the proposed CSD regulation (CSDR) by the European Commission.
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Increase STP and improve your operational processes in payments processing
Factsheet - Swift Consulting Services for Corporates
Further optimise your treasury and cash management processes by adopting industry best practices for bank connectivity