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.
Group Hub (Non-Swift User) – registration form
This form is to be used by a new or existing non-Swift User Group Hub connecting affiliated users within its corporate group as defined in the SIP Terms and Conditions. By signing this form, the non-Swift User Group Hub confirms it will service only its own group and will now (partially) register under the shared Infrastructure Programme.
Inside Innovation - Industry insights: Delivering digital experience today
Dr Jie Xu, Deputy General Manager of Transaction Banking Department, China Minsheng Bank (Head Office) - Makoto Shibata, Head of FINOLAB, Chief Community Officer, FINOLAB Inc. - Atul Bhuchar, Group Payments Head, Global Transaction Services, DBS Bank - Michael Moon, Global Strategy Lead, Swift
Cybersecurity getting started guide
This document provides general and non-binding guidance for Swift users on how to use and interpret cybersecurity data from counterparties within the financial services ecosystem.
The future at your fingertips – the European market infrastructure of tomorrow
The market infrastructure of the Eurosystem is working well, but further measures are needed to deepen market integration, increase operational efficiency and address the challenges of new technology. The three priorities identified by the Eurosystem, writes Yves Mersch, a Member of the Executive Board of the European Central Bank (ECB), are the consolidation of its payments (TARGET2) and securities (T2S) settlement services, the creation of pan-European Instant Payments, and the development of…
Business Standards and Emerging Technologies
For decades, financial industry automation has been based on the exchange of structured financial messages, but this picture is changing rapidly. New automation approaches such as Distributed Ledger Technology (DLT) have emerged to challenge messaging’s dominance, while maturing technology, including Application Programming Interfaces (APIs), is being widely deployed in the financial services industry, driven by regulation and competitive forces. In the near future we can look forward to…
MT SR 2020 FAQ
This document describes Frequently Asked Questions (FAQs) about prioritising SR 2020 MT effort and only have changes in Category 5.
Rulebook for Payment Initiation Relay
The present document constitutes a set of business rules and guidelines on how to handle Payment Initiation Relay Transactions between the Forwarding Agent and the Debtor Agent.
Rulebook for Payment Initiation Relay
The FAQ document the common questions customers have or may have in the future regarding the Rulebook for Payment Initiation Relay
Camt.086 Implementation Guide
Helpful guide for corporate practitioners, vendors, and banks before beginning a BSB implementation. Guide includes links to the standard and resources to guide you.