Send money quickly and easily to bank accounts worldwide.
Swift (Society for Worldwide Interbank Financial Telecommunications) codes are used for transferring money between banks, especially for international wire transfers, and also for the exchange of other messages between them.The Swift code consists of 8 or 11 characters.
A SWIFT cash exchange starts when an individual gives a bank permission to send a particular measure of cash from his account to an account abroad. The individual provides her bank with the SWIFT code and account number for the other bank. Electronic guidelines are then sent to the next bank specifying the sum that ought to be posted and the account included.
SWIFT transfers permit funds to be sent to outside nations more rapidly than via airmail or courier services. They additionally provide beneficiaries with an ensure that they will receive funds as payment and that the cash received is what was agreed upon during the transaction.