A. Security for Worldwide International Financial Telecommunication
B. Society for Worldwide Interbank Financial Telecommunication
C. Service the Worldwide Interbank Financial Telecommunication
D. None of these
Submitted by: Areesha Khan
SWIFT, formally known as the Society for Worldwide Interbank Financial Telecommunication, is a messaging system for banks and other financial institutions around the world.
SWIFT, which stands for the Society for Worldwide Interbank Financial Telecommunication, is a messaging system that allows banks around the globe to securely and quickly communicate about cross-border payments. It is widely used. There are about 11,000 member banks in 200 countries and territories that use SWIFT.
Correct Answer: Society for Worldwide Interbank Financial Telecommunication ✔
Last Updated: March 04, 2022