Use case 3 - Simplify regulatory reporting
… payment of over €50,000 from France to a non-Eurozone country requires the use of a payment purpose code for balance of payments statistics. A payment from Japan … reserved for remittance information, including purpose code, invoice number and amount. In practice, the relevant …
BNP Paribas Securities Services chooses Swift to connect to TARGET2-Securities
Brussels, 10 July 2013 – Swift, the financial messaging provider for more than 10,000 financial institutions and corporations in 212 countries and territories, announced today that BNP Paribas will use Swift’s Value Added Network (VAN) solution to connect to T2S.
Swift expands Business Intelligence portfolio with Watch Insights
Brussels, 1 October 2012 - Swift, the financial messaging provider for more than 10,000 banking organisations, securities institutions and corporate customers in 212 countries and territories, announced today that it has launched ‘Watch Insights', a new set of pre-defined, yet dynamic and actionable dashboards as part of its Business Intelligence portfolio.
Other Terms and Conditions
SwiftRef Services License Agreement, Directories Licence Agreement, BIC Online query Terms of Use, Directories data collection terms, and License Terms for Sample Source Code for Directories Download Automation.
Offshore CNY guidelines for Swift MT and 15022 messages
This document provides guiding principles to help increase STP rates between counterparties by clearly identifying onshore versus offshore CNY transactions in Swift MT and ISO 15022 messages with the use of structured codes.
KGI becomes first Taiwanese securities firm joining Swift
Taipei, 7 January 2014 - Swift, the financial messaging provider for more than 10,000 banking organisations, securities institutions and corporate customers in 212 countries and territories, today announced that KGI Securities Co. Ltd. has become the first Taiwan-based securities firm to go live on the Swift network.
Swift celebrates 30th anniversary in Australia
Sydney, 27 December 2012 - Swift, the financial messaging provider for more than 10,000 banking organisations, securities institutions and corporate customers in 212 countries and territories, recently celebrated 30 successful years of operations in Australia. This also marks a major milestone for Swift in Asia Pacific as it continues to expand and invest in this fast growing region.
German RMB payments value increases 71% reflecting its position as one of China’s major European trading partners
Brussels, 26 June 2013 – Swift data shows that Germany is ranked #8 in the world for RMB payments value (excluding China and Hong Kong), increasing by 71% between April and May 2013. It recorded the biggest increase in the top 20 countries in CNY payments.
RTGS systems go live in Macau and Taiwan on Swift
Hong Kong, 25 March 2013 - Swift, the financial messaging provider for more than 10,000 banking organisations, securities institutions and corporate customers in 212 countries and territories, today announced that the Real Time Gross Settlement (RTGS) systems have gone live on SwiftNet in Macau and Taiwan.