SWIFT (the Society for Worldwide Interbank Financial Telecommunication) is a member-owned cooperative that provides the communications platform, products and services to connect more than 10 000 financial institutions and corporations in 212 countries and territories. SWIFT enables its users to exchange automated, standardised financial information securely and reliably, thereby lowering costs, reducing operational risk and eliminating operational inefficiencies. SWIFT also brings the financial community together to work collaboratively to shape market practice, define standards and debate issues of mutual interest.


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