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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

Swift guiding principles for screening ISO 20022 endorsed by the Wolfsberg Group

News
Recently published by Swift and already endorsed by the Payments Market Practice Group, these screening guidelines have now been supported by the Wolfsberg Group too.

Chinese Commercial Code eTable maintenance group and process governance

Resource
The governance of the CCC maintenance group and maintenance cycle of the e-CCC table

How to better manage swift.com users as a swift.com administrator

Trainings
Learn how to delete obsolete swift.com user accounts using the following 3 filter features:Delete users by account expiryDelete users by last loginDelete users by uploading a .csv file

Core Payments Working Group

Page
… Toggle breadcrumbs Home Search Core Payments Working Group We are pleased to invite you to participate in the core payments working group, which will focus on the evolution of gpi core business … this form. Status message Submissions for this form are closed. Leave this field blank Get personalised insights …

The Volvo Group joins Swift to increase competitiveness

News
The Volvo Group, one of the world's leading manufacturers of trucks, buses, construction equipment and engines for industrial and marine usage has joined Swift to benefit from its multi-bank messaging solution for documentary trade flows.

Interview with Luke Perkins (Australia and New Zealand Banking Group)

Resource
Australia and New Zealand Banking Group discusses how the industry is evolving to address the challenges of cross-border payments, and the benefits of working together as a community in achieving this. Interview with Luke Perkins, Director, Head of Clearing Services Product, Australia and New Zealand Banking Group Limited.

KYC Testimonial Video – Erste Group, Lloyds and Raiffeisen

Resource
Dagmar Kolb of Erste Group Bank, Mark Brotherton of Lloyds Bank Commercial Banking and Tatjana Dobrovolny of Raiffeisen Bank International share their experiences of using The KYC Registry

How to grant a SwiftRef user the administrator role.

Trainings
Learn how a SwiftRef Administrator grants a SwiftRef user the administrator role.Prerequisites: This action can only be carried out by a swift.com registered user that has the SwiftRef Administrator role

It’s here! A faster search with a better user experience

News
We are pleased to announce our new search platform that provides you with a much improved user experience. It is designed to help you find what you need, faster and with greater ease and accuracy.

Société Générale Group migrates French domestic payments traffic to Swift

News
The French banking group will use Swift FileAct to send domestic payments to STET, the European automated clearing house.
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