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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.

RMB reaches record levels of payments activity between offshore centres

News
According to Swift data, RMB activity share for international payments between offshore trading centres increased to 3.25% in September.

Welcome to Geneva!

News
As Swift’s chief executive for the EMEA region, it gives me great pleasure to welcome Sibos back to Geneva.

New report reveals “significant gaps in industry’s T2S adaptation plan”

News
Brussels, 6 March 2013 - The key findings of a new report from Celent, produced in conjunction with Swift, the financial messaging provider for more than 10,000 financial institutions and corporations in 212 countries and territories, show some "major discrepancies" among market participants when it comes to their readiness for T2S.

Widening corridors across the Pacific

News
While the US and Europe have been struggling with the economic downturn as a result of the financial crisis, China’s relationship with Latin America has strengthened.

Swift launches Islamic Finance Rulebook for international roll-out and adoption

News
Hong Kong, 18 June 2015 – Swift, in collaboration with The Association of Islamic Banking Institutions Malaysia (AIBIM) announce the launch of a new rulebook for the purpose of promoting message standards in the Islamic banking and finance market.

Latest news about MT Category 7 enhancements

News
Since making changes based on individual CRs was not cost effective, it was preferred to combine them and make them available to the Swift Community in one to two years.

Working with Visa to break down barriers in cross-border payments

News
We’re teaming up with Visa to enhance the transparency, speed and security of global B2B money movement.

Singapore overtakes London as top RMB offshore clearing centre after Hong Kong

News
Brussels, 28 April 2014 - Swift data shows that Singapore's RMB payments value increased by 375% between March 2013 and March 2014, making Singapore number one in terms of RMB world payments value, excluding China and Hong Kong. Singapore's weight represents 6.8% of the overall RMB payments value, second behind Hong Kong, which still leads with 72.4%. London overtook Singapore in June 2012, but, since February 2014, it has slipped behind Singapore despite a good growth rate of 203% year-over…

Nigeria’s RTGS goes live on Swift

News
Johannesburg, 17 February 2014 - The Central Bank of Nigeria's high value payment system has gone live on Swift. The move to Swift is a key element of the Central Bank of Nigeria's Payment System Vision 2020 (PSV2020), which calls for a "Nationally Utilised and Internationally Recognised" payments system and provides a robust platform to support Nigeria's continued economic growth.

Daily Validation Reports

Product
… un moyen de défense économique et simple à utiliser.Ce service Web sécurisé étant hébergé par Swift, vous pouvez … Reports Details of Swift’s Daily Validation Reports service – a simple, secure way to validate Swift …
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