About Lesson
SWIFT (Society for Worldwide Interbank Financial Telecommunication):-
The Society for Worldwide Interbank Financial Telecommunication (Swift) is a global network connecting banks to communicate messages about activities like money transfer in a safe and secure way. Swift assigns each bank an eight- or 11-character long code, known as the bank identifier. Banks, Securities Dealers, Clearing Houses, Exchanges, and Corporate Business Houses are some of the users of the SWIFT network.