SWIFT and international payment systems

Updated 15 June 2009
Learning channels: Classroom course  On-site training  eTraining

This session helps explaining the role of SWIFT in international payment systems and provides detailed information on the major payment systems worldwide. The training will enable the participants to see the relation between these payment systems as well as the drivers for initiatives like SEPA. Take the opportunity to receive a global overview of how different payment systems are fitting together within one day of SWIFT training.

Audience

The session is aimed at anyone who is interested in knowing more on international payment systems and more particularly back-office staff and managers from payments departments, business analysts and product managers.

Prior knowledge

A basic knowledge of the payments environment is required.

Duration

Classroom course: 1 day
SWIFT eTraining: 3 hours

(The SWIFT eTraining package is a condensed version of the classroom course)

You will learn:

  • What happens to the payment messages you send over major payment systems
  • What the role of SWIFT is in different payment systems




Approved for AAP renewal credit by the National Automated Clearing House Association		  

Session content

This one day course covers the following topics:

  • Introduction - latest developments and trends in the payments industry
  • SWIFT's role in international payment systems:
    • FIN and FIN Copy
    • T-Copy, Y-Copy
    • SWIFTNet functionalities
  • Information on each of the following systems to get a better understanding on their overall functioning:
    • TARGET2
    • SEPA
    • EBA : EURO1, STEP1 and STEP2
    • CLS
    • CHIPS and Fedwire
    • CHATS, MEPS+ and RITS

SWIFT eTraining price

Click here for pricing information.


This course is awarded with
6 CPE credits
Programme level: basic
Delivery method: group-live
  
For more information on SWIFT Training's CPE credited courses and the NASBA sponsor program, click here.