SWIFT
(Society for Worldwide Interbank Financial Telecommunications) is an
international system that deals with the transfer of information about payment
processes in the banking sector. This enables financial institutions around the
world to exchange the necessary information in a secure manner.
SWIFT
system contains two types of messages:
- System messages that are sent between the system and users
- Financial messages that are directed to users of the system
Our specialists have many years of experience in designing and implementing solutions for banks and financial organizations. In particular, the GTSolutions team has all the necessary skills to implement projects for the implementation of integrated software solutions:
- Construction and implementation of SWIFT message system
- Process improvement
- Resolution of special situations when making payments
Result: The use of this type of payment system has
created conditions for interbank payments in real time, also
for elimination of losses of capital during
the calculations and for more flexible liquidity management. This has created
an enabling environment for more effective monetary policy based on a market
economy, and has enabled banks to obtain timely and reliable information for
tighter market control.