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SWIFT - Society for Worldwide Interbank Financial Telecommunication



By Vangie Beal

Short for Society for Worldwide Interbank Financial Telecommunication. SWIFT is the financial industry-owned co-operative supplying secure, standardized messaging services and interface software to 7,800 financial institutions in more than 200 countries. SWIFT's worldwide community includes banks, broker/dealers and investment managers, as well as their market infrastructures in payments, securities, treasury and trade.









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