Glossary
Opinions
Articles
Beginners Course
Lecture Modules - PDS
Exams
New Highs
Winning Shares
Lecture Modules - Resellers
About - Background Approach
Privacy Policy
Daily Quiz
Software Download Steps
Logout
Dashboard
Log out
A mechanism, known as "swift" which enables people to transfer money from anywhere to anywhere in the world through member banks. Swift is a secure messaging mechanism used by financial institutions to quickly and accurately conduct money transfers. Each financial institution has a unique swift code that enables it to be identified. The financial institutions include banks, broking firms, asset managers, clearing houses, exchanges and a variety of other financial institutions.