SWIFT banking system

GPTKB entity

Statements (53)
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:competitor gptkb:Fedwire
gptkb:CIPS
gptkb:CHIPS
gptkb:RippleNet
gptkbp:countryOfOperation over 200 countries
gptkbp:currency multi-currency
gptkbp:features encryption
authentication
non-repudiation
gptkbp:foundedYear 1973
gptkbp:founder 239 banks in 15 countries
gptkbp:governingBody gptkb:SWIFT_Board_of_Directors
gptkbp:headquartersLocation gptkb:La_Hulpe,_Belgium
https://www.w3.org/2000/01/rdf-schema#label SWIFT banking system
gptkbp:industry financial services
gptkbp:language English
gptkbp:members over 11,000 financial institutions
gptkbp:messageType gptkb:ISO_20022
MT (Message Type) standards
gptkbp:notableEvent Russian banks excluded in 2022
used for international sanctions enforcement
gptkbp:notableUser central banks
commercial banks
corporates
brokerage institutes
securities institutions
gptkbp:officialName gptkb:Society_for_Worldwide_Interbank_Financial_Telecommunication
gptkbp:ownedBy member-owned cooperative
gptkbp:parentOrganization gptkb:SWIFT_SCRL
gptkbp:purpose international money transfer
secure financial messaging
gptkbp:regionServed global
gptkbp:regulates self-regulated
gptkbp:relatedStandard gptkb:BIC_(Bank_Identifier_Code)
gptkb:ISO_15022
gptkb:IBAN
gptkb:ISO_20022
gptkb:ISO_9362
gptkbp:services gptkb:KYC_Registry
gptkb:SWIFTNet
gptkb:SWIFTRef
gptkb:SWIFT_gpi
financial transaction communication
messaging network
standards for financial messages
gptkbp:type gptkb:collaboration
gptkbp:website https://www.swift.com/
gptkbp:bfsParent gptkb:cyberattack_in_2016_(Bangladesh_Bank_heist)
gptkbp:bfsLayer 5