SWIFT handles +44 million transfers, also called encrypted messages, daily. It is the most used system to transfer funds globally. Whether you're a finance professional or simply someone who ...

BRUSSELS - Swift has obtained the go-ahead from its board to extend the bank identifier code (BIC) to corporates and non-financial institutions, and has been engaged in several industry consultations ...

An International Bank Account Number (IBAN) payment is a wire transfer made from the United States to a foreign bank account. To send money to an IBAN number, you will need the recipient's account ...

Millions of pounds are transferred digitally every day from UK bank accounts – to other accounts based both in the UK and overseas. In fact, in 2023, almost nine-in-10 adults (87%) used remote banking ...