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Showing 1 - 4 of 4 results for %22Society of Worldwide Interbank Financial Telecommunication%22

State Street cops $125m penalty

JAMIE WILLIAMSON  |  WEDNESDAY, 3 JUL 2019
... overcharges included a secret markup that State Street attached to the cost of sending secured financial messages through the Society of Worldwide Interbank Financial Telecommunication (SWIFT) network. The SEC said State Street's clients agreed to ...

China puts another one in the bag

BENJAMIN ONG  |  WEDNESDAY, 7 OCT 2015
... payments, followed by the euro 27.2% and the British pound (8.5%). The yen made up 2.76%. And according to Bloomberg, citing a Society for Worldwide Interbank Financial Telecommunications' statement, "it was second for global issuance of letters of credit ...

Messaging transactions for 12 cents: SWIFT

... program that promises to slash messaging transaction fees from around $25 per transaction to 12 cents. Early last month, the Society for Worldwide Interbank Financial Telecommunications (SWIFT), the global co-operative for setting messaging standards ...

SWIFT protocols to slash transaction fees

ALEX DUNNIN  |  WEDNESDAY, 1 AUG 2007
... could be slashed from an average $22 down to just 20 cents if they adopt the new SWIFTNet Funds protocols. SWIFT, the Society for Worldwide Interbank Financial Telecommunications, is the global co-operative for setting messaging standards governing how ...
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