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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

RMA User Handbook

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RMA User Handbook

Working groups – Payments

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The following tables list the members of the various working groups that assist with Securities standards maintenance activities

ARC 2017 - Closing video

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Ivory Coast, Abidjan 16 to 18 May 2017

Traffic Analytics - Payments - My Counterparty Groups Dashboard

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User Guide

Banking Analytics - Payments - My Counterparty Groups Dashboard

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User Guide

Non-Connected BIC Registration User Guide

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Non-Connected BIC Registration User Guide

Case Study – GN Group

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GN Group, supplier of intelligent audio solutions, and active in 100 countries globally has undertaken the optimisation of its treasury operation in anticipation of more complex treasury needs in the future. Discover how GN achieved enhanced centralisation, efficiency and automation of its treasury by implementing Kyriba’s TMS, with a Swift connectivity, providing a one-stop connectivity with the group’s banking partners.

Traffic Analytics – Trade Finance – My Counterparty Groups Dashboard

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User Guide

Banking Analytics - Trade Finance - My Counterparty Groups Dashboard

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User Guide

BIC validation User Guide

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The User Guide document explains how to use the BIC validation tool step by step.
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