SWIFT The global provider of secure financial
messaging services

SWIFT and international payment systems

Learning channels: eTraining

This module 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.

If you prefer to learn about these topics through a classroom course, we recommend the one-day session SWIFT for payments clearing and settlement.

Subscribe to the SWIFT eTraining module Download the SWIFT eTraining module (.zip) Watch the SWIFT eTraining demo Download this course description in PDF

Audience

The module 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.

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

Course content

This module 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 and 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

Prior knowledge

A basic knowledge of the payments environment is required.

Duration

The course duration depends on the learning channel you choose:

  • SWIFT eTraining: 3 hours

SWIFT eTraining price

Click here for pricing information.