Explain the following terms with reference to electronic banking and IT activities in the banks : (i) SWIFT

CS Professional · Banking - Law and Practice · PYQS · December 2015
Explain the following terms with reference to electronic banking and IT activities in the banks : (i) SWIFT

Answer & Explanation:

The Society for Worldwide Inter-bank Financial Telecommunications (SWIFT) provides the international lines used for such interbank advice.

Topics: Electronic Banking

Open in Interactive Practice Hub · Full Practice Hub · Chapter Weightage · More in this subject

Related Questions in this Topic