11-character BIC
An 11-character BIC (optional element attached to 8-character BIC) that comprises the following components: party prefix, country code, party suffix, and branch identifier.
8-character BIC
A BIC that comprises the following components: party prefix, country code, and party suffix.
See also business party identifier.
additional BIC
An organisation may register several 8-character BICs, the additional BIC(s) is always linked to the primary BIC. The additional BIC may be connected to the Swift network or not and may be published or not published.
Inform Copy
Inform Copy is a value-added product offering within FIN or SwiftNet environment that automatically copies messages based on configurable criteria and forwards them to one or more selected destinations. The term 'Inform Copy' refers to the Inform Copy services offered on both FIN and SwiftNet messaging services (respectively referred to as FIN Inform and SwiftNet Inform).
ISO 20022 in bytes for payments: A look ahead at 2023’s important milestones
After years of intense preparation by the global financial community, the successful migration to ISO 20022 for cross-border payments and reporting (CBPR+) started on 20 March. Since then, we see a daily average of more than 500,000 CBPR+ messages exchanged, representing around 15 percent of the total cross-border payments traffic on the Swift network, and with a negative acknowledgement (NACK) ratio comparable to the FIN one. CBPR+ exchanges involve 1,000+ BICs on the sending side and 5,000+…
Swift Go
Online Retrieval Scope Extension
Order, change or terminate your subscription to Online Retrieval Scope Extension
Swift's Solution for CREST
Order, change or terminate your subscription to euroclearbank.ft, euroclear.easyway, euroclearfr.e2acom and Swift's Solution for CREST
Alliance Cloud
… subscription. Place orders Ordering checklist Adding BIC to your Alliance Cloud subscription : you can add BICs … Swift Account Manager for a quotation. Place orders Add BIC to Alliance Cloud Add a BIC to your existing Alliance Cloud subscription. Add BIC to …
KYC-SA Role Families explained
Discover the general concept of the various roles in the KYC Security Attestation (KYC-SA) application.It is recommended to watch this video before you start working with the KYC-SA.More detailed steps:There are two user types:Administrators (Swift recommends min. 2 per institution or BIC)Business Users:SubmitterApproverRequesterViewerGranterSecurity Officer
Case Management
… services. If your parent destination desires to provision BIC under the Swift GPI service, it is the following e-forms … If your parent destination desires to provision BIC under the Swift GPI Case Resolution service, it is the …