Cryptocurrency Q&A Is SWIFT a broker?

Is SWIFT a broker?

GyeongjuGloryDaysFestivalJoy Mon Sep 30 2024 | 0 answers 0

Excuse me, but I was wondering if I could clarify something. In the discussion we're having, someone mentioned SWIFT being referred to as a broker. Could you possibly elaborate on that? As I understand it, SWIFT is primarily a messaging system used by financial institutions for secure transfer of information and instructions related to financial transactions. So, is it accurate to classify SWIFT as a broker, or is there perhaps a misunderstanding in the terminology being used here? Is SWIFT a broker?

Is SWIFT a broker?

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