ChatterBank2 mins ago
where swift messagae generate at payment orginating system ?
2 Answers
When user create the swift payment then where is the swift message generated ?and if the end user is able to check that message ?
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SWIFT (Society for Worldwide Interbank Financial Telecommunication) messages are generated by banks and financial institutions to make interbank monetary transfers at a customer's request. The customer does not normally see the message, which is usually in the form of a 'financial shorthand', and therefore must ensure that the instructions given are correct in the first instance.
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