Optimisation of payment transactions
SWIFTNet for Corporates enables communication between the customer and the bank via SWIFT in order to process payment transactions.
The opening of the SWIFT network for corporate customers offers globally active companies in particular a wide range of possibilities for optimising their payment flows – regardless of whether their organisational structure is centralised or decentralised.
Advantages
- Cross-border and multi-bank data exchange within the SWIFT network
- Freedom from proprietary country standards and bank-specific electronic banking products
- Exchange of payment messages via a secure, trustworthy network
- Use of other services (FX or money market) possible