07-23-2023-1352 - SWIFT (BELGIUM) (DRAFT)

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(Redirected from Society for Worldwide Interbank Financial Telecommunication)

For other uses, see Swift (disambiguation).

S.W.I.F.T. SC

Type	Cooperative society[1]
Industry	Telecommunications
Founded	3 May 1973; 50 years ago
Headquarters	La Hulpe, Belgium 50°44′04″N 4°28′43″E
Key people	Javier Perez-Tasso, CEO Graeme Munro, Board Chair
Products	Financial telecommunication
Number of employees	>3,000
Website	www.swift.com

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The Society for Worldwide Interbank Financial Telecommunication (Swift), legally S.W.I.F.T. SC, is a Belgian cooperative society providing services related to the execution of financial transactions and payments between certain banks worldwide. Its principal function is to serve as the main messaging network through which international payments are initiated.^[2] It also sells software and services to financial institutions, mostly for use on its proprietary "SWIFTNet", and assigns ISO 9362 Business Identifier Codes (BICs), popularly known as "Swift codes". 

https://en.wikipedia.org/wiki/SWIFT