What Does Swift Stand for in Banking?

Answer

SWIFT in banking stands for Society for Worldwide Interbank Financial Telecommunication.  It is a non-profit organization comprised of member financial institutions.
Q&A Related to "What Does Swift Stand for in Banking"
Social for worlwide interbank financial telecommunocation.
http://wiki.answers.com/Q/What_does_the_abbreviati...
SWIFT is the company appointed by the International Organization for Standardization used in the financial industry as the primary authority for BIC assignment. This assignment identifies
http://www.ehow.com/facts_5124913_bank-swift-numbe...
SACBASAWER is the standard charter bank in Kenya's swift code. While I haven't the foggiest ballyhooo what a swift code is, I am certain that this one will work.
http://wiki.answers.com/Q/What_is_the_swift_code_f...
bofmcam2.
http://wiki.answers.com/Q/What_is_the_swift_code_f...
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The SWIFT code number for Bank of America is BOFAUS3N. SWIFT stands for The Society for Worldwide Interbank Financial Telecommunication. ...
A bank's swift code refers to that bank's unique identification code represented as a standard format of Bank Identifier Codes (BIC). Swift codes were approved ...
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