With SWIFT, you will be able to exchange financial information such as payments, securities orders and reporting with all your relationship institutions. This is done via a single, highly secure, standardised global communication platform, which minimises the risk and complications of multiple connections and lowers the cost of financial transactions.
Message standards used over SWIFT allow increased straight-through-processing (STP) and improved productivity for staff - eliminating the need to re-key payments.
Eliminate infrastructure costs
Using a single interface with SWIFT Channel reduces the need to invest in infrastructure and the cost of maintaining multiple bank systems.
Increased security and reliability
This is a highly secure system, used by banks worldwide for communicating payment instructions and other sensitive data. The SWIFT network is available at all times, unlike many proprietary electronic banking systems.
Global visibility on cash and trade
Receive end-of-day or intra-day reports directly from all your banks to increase fund visibility and have better control of your cashflow position.