SWIFT Network

GPTKB entity

Statements (60)
Predicate Object
gptkbp:instanceOf financial messaging network
gptkbp:abbreviation gptkb:SWIFT
gptkbp:annualMessageVolume over 10 billion messages (2022)
gptkbp:CEO gptkb:Javier_Pérez-Tasso
gptkbp:chairman Yawar Shah
gptkbp:currency multi-currency
gptkbp:features encryption
authentication
integrity
non-repudiation
gptkbp:foundedYear 1973
gptkbp:founder 239 banks from 15 countries
gptkbp:fullName gptkb:Society_for_Worldwide_Interbank_Financial_Telecommunication
gptkbp:governingBody member-owned cooperative
gptkbp:headquartersLocation gptkb:La_Hulpe,_Belgium
https://www.w3.org/2000/01/rdf-schema#label SWIFT Network
gptkbp:industry financial services
gptkbp:language English
gptkbp:legalStatus cooperative society
gptkbp:memberState over 200 countries
gptkbp:message gptkb:ISO_15022
gptkb:ISO_20022
SWIFT MT
SWIFT MX
gptkbp:notableEvent used for international sanctions enforcement
Russia partially disconnected in 2022
Iran disconnected in 2012 and 2018
target of cyberattacks (e.g., Bangladesh Bank heist 2016)
gptkbp:numberOfEmployees over 3,000 (2022)
gptkbp:numberOfMembers over 11,000 institutions
gptkbp:purpose secure financial messaging
gptkbp:regulates gptkb:Belgian
gptkbp:relatedTo gptkb:Fedwire
gptkb:SEPA
gptkb:CIPS
gptkb:CHIPS
gptkb:RippleNet
gptkb:TARGET2
gptkbp:revenue over €1 billion (2022)
gptkbp:service trade finance
payment instructions
securities transactions
derivatives transactions
bank-to-bank communication
foreign exchange confirmations
interbank messaging
treasury transactions
financial transaction messaging
gptkbp:subsidiary SWIFT Americas
SWIFT Asia Pacific
SWIFT India
gptkbp:targetUser corporations
banks
market infrastructures
brokerage institutes
securities institutions
treasury market participants
gptkbp:website https://www.swift.com/
gptkbp:bfsParent gptkb:financial_technology
gptkbp:bfsLayer 4