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Thanks for this clarification. I honestly thought SWIFT was some kind of central coordination authority for all inter-bank payments. I have been bamboozled.
by blinkos 5y ago
Thanks for this clarification. I honestly thought SWIFT was some kind of central coordination authority for all inter-bank payments. I have been bamboozled.
- atdrummond 5y agoI don't feel like your definition is a bad one per se - just so long as people understand: 1 - there are other ways to coordinate payments! 2 - that the actual fund movement is handled through other means than SWIFT.