GeishaCharm
Wed Oct 02 2024
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7 answers
1238
What is Swift and how is it used?
Could you please elaborate on what Swift is and its applications in the financial industry? I'm curious to know how it facilitates international transactions and what makes it a popular choice among banks and financial institutions. Also, could you provide an example of how Swift works in practice, perhaps in the context of a cross-border wire transfer?
CherryBlossomDance
Sat Sep 28 2024
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7 answers
1125
What is SWIFT mostly used for?
Could you please elaborate on the primary functions and uses of SWIFT in the financial industry? I'm particularly interested in understanding how it facilitates international transactions and communication between banks and financial institutions. Additionally, are there any specific industries or types of transactions that rely heavily on SWIFT for their daily operations?
