
SWIFT has developed a distribution service of the BIC and BICPlusIBAN Directories through Web services. Directories Web services ease the integration of SWIFT Directories with customer applications and interfaces. This is done by providing tailor made queries and responses that can be used directly by software and applications, without any development for the end user.
SWIFT has developed off-the-shelf queries and responses that your application is able to use without manual intervention.
Web services remove the integration burden for the user. To use the Web services, all that is required is a simple call to the service from within your software application.
Web services provide you with the most up-to-date data.
Accessing your reference data is easy thanks to the query and response mechanism, which:
Overall performance of Web services depends on application logic, network, and most importantly underlying messaging and transport protocols. There can always be performance and scalability problems. SWIFT makes sure the service is running and aims to provide sufficient throughput.