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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 Payments Market Practice Group document centre

Resource center
On this page you will find all the documents available on this topic.

Details

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Organizer: BN Paribas Group

Sanctions Screening Distribution for Service Bureaus

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End user terms and conditions

Corporate Matters

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Swift By-laws, Corporate Rules, User Categories, Membership Validation Process. Information for Vendors, Customers and interested parties

Swift Usership Validation Process

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Swift's ‘Know Your Customer’ validation process was put in place for the admission of new Swift Users and the continued compliance of existing Users with the conditions admission.

Direct debit - frequently asked questions

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Answers to common queries, including how to pay your Swift invoices by direct debit, how to resolve disputes and how to close your direct debit account.

Swiftnet Link document centre

Resource center
Mandatory software for all Swift users, SwiftNet Link offers consistent single-window access to SwiftNet and ensures technical interoperability between users.

SwiftNet Link

Product
Ensuring technical interoperability for all users of Swift

Lite2 Cash Reporting Dashboard

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Coming soon, Swift’s new solution will enable treasury users to monitor their liquidity positions across multiple banks and countries with one ready-to-use dashboard for MS Excel users.

UNION BANCAIRE POUR LE COMMERCE ET L'INDUSTRIE (GROUPE BNP PARIBAS)

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