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SWIFT
Last modified: Tuesday, August 30, 2005
Short for Society for Worldwide Interbank Financial Telecommunication.
SWIFT is the financial industry-owned co-operative supplying secure,
standardized messaging services and interface software to 7,800 financial
institutions in more than 200 countries. SWIFT's worldwide community includes
banks, broker/dealers and investment managers, as well as their market
infrastructures in payments, securities, treasury and trade.
SWIFT Society for Worldwide Interbank Financial Telecommunication supplies secure messaging services and interface software to wholesale financial entities.