SWIFT is a global messaging network used by financial institutions to securely transmit standardized instructions for financial transactions, particularly cross-border payments.

What Is the SWIFT System?

How It Works, Where It’s Used, and Its Global Impact In a highly interconnected global economy, the ability to transfer money quickly, securely, and across borders is fundamental. Whether you’re sending money to a supplier in China, wiring funds to a family member in the United States, or conducting high-volume international business transactions, chances are…