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.
New Swift Go service transforms low-value cross-border payments
Seven leading banks are now live with Swift Go, our new service enabling small businesses and consumers to send fast, predictable, cost-effective and secure low-value cross-border payments directly from their bank accounts. The service is another key building block in our strategy to enable instant and frictionless transactions.
SEB goes live on Swift’s global payments innovation service
Swift GPI enables SEB to offer a fast, transparent and trackable international payments service to its clients.
Swift unveils expansion of its financial crime compliance services portfolio
New sanctions, analytics and Know Your Customer services continue Swift’s community-inspired approach.
Swift to Develop Confirmation of Payee Service for Australian Payments Plus
The new service will help reduce scams by ensuring consumers can confirm they are transferring funds to the intended person or entity
Realising the power of APIs in financial services
Harnessing the full potential of APIs could have tangible benefits for your institution, including delivering better customer experiences, rapidly developing new products and services and facilitating valuable industry collaborations. Read on to find out how you can benefit from connecting to Swift’s API channel.
Swift expands FX portfolio with new Business Insights information service
HSBC is first to adopt the new service, which provides for the ability to measure performance over time based upon activity share
J.P. Morgan: Stop and recall service boosts efficiency and reduces risk
Find out how J.P. Morgan is leveraging Swift’s stop and recall service to streamline and automate the halting of fraudulent or erroneous payments.
Swift admitted to next phase of tender for connectivity to TARGET services
Swift committed to offering connectivity services to all Eurosystem market infrastructures via the European Single Market Infrastructure Gateway (ESMIG) from November 2021
Huawei becomes first AP corporate customer for Premium Custom Service
Huawei, a leading global information and communications technology solutions provider, has become the first corporate customer using Premium Custom Service in Asia Pacific.
Swift admitted to next phase of tender for connectivity to TARGET services
Swift committed to offering connectivity services to all Eurosystem market infrastructures via the European Single Market Infrastructure Gateway (ESMIG) from November 2021