Question

Advantages of society for worldwide interbank financial telecommunication

Answer 1

Thats called as Swift and it provides a network that enablesfinancial institutions worldwide to send and receive information aboutfinancial transactions in a secure, standardized and reliable environment

Answer 2

Answer:

The Society for Worldwide Interbank Financial Telecommunication (SWIFT), legally S.W.I.F.T. SCRL, provides a network that enables financial institutions worldwide to send and receive information about financial transactions in a secure, standardized and reliable environment.