Skip to main content
  • English
    Discover SWIFT
  • Español
    Descubra nuestros contenidos en español
  • Français
    Découvrez notre contenu disponible en français
  • 中文
    了解我们提供的中文内容
  • 日本語
    日本で入手可能なコンテンツをお探しください
This content is not available in the selected language

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

Payment services and AML directives address regulatory challenges with third party providers

News
New academic research from the Swift Institute analyses the latest payments regulations, identifying gaps and consequences with recommendations to help clarify new policies.

Universal confirmations – all you need to know

News
Confirmations of credit are coming to all Swift customer payments

Swift partners with SmartStream to evolve its Accord Matching Service

News
The enhanced confirmation matching platform will bring unprecedented levels of automation to post trade operations

Javier Pérez-Tasso appointed as Swift Chief Executive Officer

News
Board appoints new CEO

Swift at Sibos 2020: What to expect

News
Sibos is going digital, and so is our Swift at Sibos programme. The world’s premiere financial services event will continue to offer its top-notch stable of speakers and panels to keep the financial industry talking. And you’re invited.

Sibos 2020: Our new vision for payments

News
An expert panel of speakers discuss our new strategy for payments, including the market dynamics driving it, as well as how our ambition for frictionless, instant end-to-end transactions will unlock bold new opportunities for our community. 

Swift platform evolution

Page
Shaping the future of payments and securities.

Join KYC Registry as a corporate

Page

UK Economic Recovery Predicted in February 2013 by the Swift Index

News
Brussels, 17 September 2013 – Swift, the financial messaging provider for more than 10,000 financial institutions and corporations in 212 countries, today confirmed that the SWFT Index accurately forecast the current economic recovery growth levels for the UK, the US and OECD region seven months ago.

Swift Hackathon 2021: Be part of a big idea and deliver on the promise of AI

News
This year’s Hackathon challenges teams to come up with innovative solutions to help financial institutions leverage the potential of machine learning and artificial intelligence.
Loading...