🏦SWIFT -"Society for Worldwide Interbank Financial Telecommunication"
🌼Headquarter -La Hulpe, Belgium 🇧🇪
🌼Founded -3 May1973
🤵SWIFT Chairman -Yawar Shah (Pakistan)🇵🇰
🤵SWIFT CEO -Javier Pérez-Tasso (Spain)🇪🇸
🌀The SWIFT system is a secure platform for financial institutions to exchange information about global monetary transactions such as money transfers.
🌀Members - 200+ Countries and Territories, and services more than 11,000 institutions around the world.
🌀SWIFT messages direct the transfer of nearly $5 trillion worldwide each day.
☘️A SWIFT code consists of 8-11 characters and follows a format that identifies your bank, country, location, and branch. The first four letters represent the bank. Next two letters indicate the country where the bank is located.
☘️For example, a specific Silicon Valley Bank (SVB) has the 8 character SWIFT code “SVBKUS6S”. “SVBK” is the bank code.“US” is the country code (United States),6S is the location code.
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