The difference is clearly that banks have a different agenda from central banks. SWIFT is a cooperative of banks also but it seems that some central banks ende

The difference is clearly that banks have a different agenda from central banks. SWIFT is a cooperative of banks also but it seems that some central banks endeavours are better. BTW Argentina created an innovation back in the early 2000s as a product of a crisis. It was implemented in record time and transfers were immediate back then and improving. It's not run by the central banks though.