The Swift Board has approved a one-time discount on messaging usage in 2022. This equates to a total of around €50 million that will be passed on to our community.
Investing in your success
As a cooperative, Swift’s first priority is always to improve the value we provide to our members. One of our financial principles is to continuously reinvest in improving existing services, creating new opportunities and exploring innovations that will keep our global community of users one step ahead.
Key to our role is finding new ways for financial institutions to enhance their customers’ experience by delivering exciting new services, capitalising on rich data, reducing operating costs and embracing emerging innovations.
A strong year
After investing in our services and community-driven initiatives, we still have solid financial results in 2022. This is mainly driven by strong messaging volumes in combination with responsible cost management.
As a result, the Swift Board has approved a one-time discount on our customers’ 2022 messaging fees, totalling around €50 million to be passed on to our community of users worldwide.
We hope this will be of extra value during a time when many businesses are facing rapidly rising operating costs.
About the community discount
For Swift customers, a credit note representing your 2022 one-time discount will be made available on www.swift.com in your billing information portal in the course of February 2023. If you receive paper billing, the credit note will be sent to you in paper format.
For more information about the one-time community discount and applicable conditions, please refer to the Frequently Asked Questions (login required) or contact your Swift account manager.