SWIFTRef Reach Plus features
SWIFTRef Reach Plus provides you with the necessary membership to clearing systems and routing details for your beneficiary banks, ensuring the fastest route to your payment’s end destination.
What can SWIFTRef Reach Plus help you with?
- Ensure the fastest route to your payment’s end destination by identifying your payment beneficiary’s membership to clearing systems and routing details
- Decrease costs associated with maintaining data from multiple sources – SWIFTRef Reach Plus provides you with a single file format from a single source, easily embedded into your payments environment
What can you find in this directory?
- Participation of financial institutions in various CSMs, such as China’s Cross-Border Interbank Payment System (CIPS), UK BACS, US FEDACH, Fedwire, HK Interbank Clearing etc
- Identification of direct and indirect membership to CSMs, including to Market Infrastructures run over SWIFT
- Routing details for reaching a financial institution via a specific CSM
- Consistent view of data elements and attributes across all CSMs
- Participation and identification details for all financial institution members of many-to-many SWIFTNet services such as SWIFTNet FileAct and SWIFTNet Funds