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Closed User Group (CUG)

A subset of customers that have been grouped to use certain Swift services and products in a defined context (typically, the participation of customers in a market infrastructure, a Member-Administered Closed User Group, or a solution). Either Swift or a service administrator defines the eligibility criteria and participation in the Closed User Group.

Market Infrastructure Closed User Group (MI-CUG)

A Closed User Group implemented in support of a service managed by a market infrastructure (MI).

Member-Administered Closed User Group (MA-CUG)

Member-Administered Closed User Group. A Swift-operated, member-managed service that uses messaging service. The Member-Administered Closed User Group is designed to enable users that participate in the Closed User Group to exchange Swift messages bilaterally with the service administrator, or with the administrator-related participant.

Related links
Subscribe to MA-CUG service (www.swift.com)
MA-CUG Service Description

L2BA End users policy

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Alliance For Business Applications

Swift user application documents list

Resource
non-exhaustive list

Feedback from gpi live users

Resource
Enhancing customers' cross-border payments experience

Daily Validation Reports user case

Resource
See how Daily Validation Reports can help you identify fraudulent payments for rapid response and recovery.

Swift’s KYC Registry reaches 5,000 user milestone

News
In the context of Know Your Customer (KYC), banks are working together to reduce costs and improve the efficiency of maintaining KYC data. And Swift’s KYC Registry (The Registry) helps banks share their compliance burden.

Swift Test Sparring Partner: How to assign and manage user access to the BICs and test services

Trainings
Learn how to assign and manage user access in Swift Test Sparring Partner.

How does a Watch Administrator set up user restrictions

Trainings
This video is part of a series for Swift Watch.This video shows how a Watch Administrator sets up end-user restrictions.The video explains that by default the user is 'unrestricted' and it includes the creation of a white list and a black list.Prerequisites:The actions shown in this video require Watch Administrator rights, as defined on swift.com

ERSTE GROUP BANK AG

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Standards Working Groups - Foreign Exchange and Commodities

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Standards Release November 2021

Case Study - Pepper Group and KYC Registry

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As easy as KYC: Swift and Seamless Corporate Banking
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