GangnamGlitzGlamour
Tue Aug 27 2024
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6 answers
1463
How does SWIFT make money?
Could you elaborate on the financial mechanisms that enable SWIFT to generate revenue? Specifically, what services does it provide to its member banks and financial institutions, and how does it charge for these services? Is there a subscription fee involved, or does SWIFT generate income through transaction fees? Furthermore, are there any additional revenue streams that contribute to SWIFT's overall profitability? Understanding these details would help in comprehending the financial sustainability and profitability of the system.
