SWIFT for banks  

SWIFT connects more than 9,700 banking organisations, securities institutions and corporate customers in 209 countries. At SWIFT, we are committed to helping you reinvent the correspondent banking business for the 21st century. That’s why we are focusing on key topics that are important to you.

Not yet using SWIFT?

Learn about the benefits of direct connection.

Sanctions screening - Look again!

Economic sanctions are frequently used by governments to implement foreign policy and fight financial crime and terrorist groups. Keeping up-to-date and compliant with ever-changing sanctions lists and requirements represents a common challenge to the banking industry. If you work at a small to mid-size financial institution, Sanctions Screening over SWIFT  provides a quick-to-implement, cost effective solution for real-time screening of your SWIFT messages.

SWIFT Sanctions Screening offers the following benefits:

• Reliability: Sanctions Screening over SWIFT combines FircoSoft's market-leading filtering application and list update with the security and resiliency of SWIFT.
• Ease of use: With SWIFT Sanctions Screening, there's no complex set-up and ongoing tuning required - the service is essentially "subscribe and comply".
• Cost effectiveness: Sanctions Screening over SWIFT is tailored to the needs of small to mid-size banks. The service is "zero footprint" and there's no costly system maintenance.

Ready for RMB? Look now! 

The SWIFT White Paper RMB Internationalisation: implications for the global financial industry explains how RMB internationalisation will impact banks' revenues and the financial industry as a whole. Learn how to prepare for the important changes that are already taking place.

Need additional RMB information and advice? SWIFT's RMB Internationalisation Business Insights report provides more detailed business insights based on a unique set of data extracted from the SWIFT Value Analyzer.

• Learn how the RMB has developed recently as currency, including activity levels by financial institutions and countries, and transaction evolution and corridors by market
• Identify and prioritise opportunities for RMB payments development
• Calculate your market share of RMB transactions using more than 20 tables with detailed monthly transaction data.

Contact SWIFT to order this Business Insights report.

Liquidity risk - Look closer!

The SWIFT White Paper Managing liquidity risk: Collaborative solutions to improve position management and analytics summarises barriers to progress - and outlines collaborative approaches to addressing liquidity risk management challenges

Business Intelligence - Look deeper!

Define the future of your correspondent banking business with SWIFT Business Intelligence. See a presentation highlighting Business Insights you can gain by using SWIFT’s portfolio of BI products and services.

 

Already on SWIFT and looking for additional value?

SWIFT can support you in:

• Payments and Cash Management
  • SWIFT for Corporates – provide financial services to your corporate customers via SWIFT
  • Exceptions and Investigations – automating payment enquiries
  • Retail payments – achieving cost-efficiency 
  • High value payments clearing and settlement – settle securely and reliably your high value payments 
  • SWIFTRemit – Your global platform for person-to-person payments, now mobile enabled
• Liquidity Risk Management
• Trade and Supply Chain
• Pre-trade / trade order routing and execution of securities transactions
• Custody and asset servicing
• Investment funds distribution

SWIFT and its partners can support you with:

• Consulting Services - supporting your business through expert advice
• Training - classroom courses, on-site training and e-learning products
• SWIFTReady applications and service providers  

For more details please contact your Regional Account Manager or send an e-mail to swiftforbanks@swift.com.