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SWIFT and Letters of Credit

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Part of the book series: Finance and Capital Markets Series ((FCMS))

Abstract

SWIFT is an industry-owned co-operative supplying secure, standardised messaging services and interface software to nearly 8,100 financial institutions in 207 countries and territories. SWIFT members include banks, broker-dealers and investment managers. The broader SWIFT community also encompasses corporates as well as market infrastructures in payments, securities, treasury and trade.

The text reproduced here is valid at the time of reproduction. As amendments may from time to time be made to the text, readers are referred to the website www.swift.com for the latest version and for more information on this subject.

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© 2008 Tarsem Singh Bhogal and Arun Kumar Trivedi

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Bhogal, T.S., Trivedi, A.K. (2008). SWIFT and Letters of Credit. In: International Trade Finance. Finance and Capital Markets Series. Palgrave Macmillan, London. https://doi.org/10.1057/9780230594326_18

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