About SWIFT transfer

SWIFT is a global financial messaging network used by banks and institutions to securely transmit payment instructions for international money transfers. It does not move money directly but facilitates communication between institutions.

How it works
  • Sends encrypted messages to initiate and confirm international transfers.

  • Trusted by over 11,000 financial institutions across 200 countries.

  • Uses standardized SWIFT/BIC codes to route funds accurately.

Example:

A company in Singapore sends EUR to a supplier in Germany. SWIFT enables both banks to securely exchange payment instructions to complete the transaction.