Whether your business is payments, cash management, treasury or trade finance; whether you are a small local brokerage or a global multi-service bank; SWIFT India enables you to automate, standardise and consolidate your channels of communications with regulators, counterparties, market infrastructures and customers to conduct your business in a reliable, secure and efficient manner
SWIFT India provides a comprehensive solution comprising of mesaging standards, infrastructure and security framework all backed by SWIFT SCRL’s world-class 24/7 premium support services. You can rely on us to
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By business area
Payments and cash management
To manage liquidity, credit, currency, interest rate and associated operational risks requires Corporate treasurers are required to efficiently manage working capital, exchange foreign currencies, take loans and make deposits, and use a variety of financial instruments to hedge financial risks. SWIFT India offers a comprehensive messaging solution to enable straight-through-processing of these instruments.
Corporate treasurers support and enable complex business initiatives and projects within their organisations. To execute these projects requires timely execution of payments to suppliers in exchange for authenticated delivery of goods and services. SWIFT enables fully electronic trade finance instruments such as letters of credit, bank guarantees, open accounts and invoice financing instruments, which are key enablers in ensuring timely payments and managing of supply chain risks.
By Type of Institution
With the SWIFT India channel banks can consolidate all their communication channels with external parties onto a highly reliable, scalable and secure messaging platform, thereby reducing complexity and costs.
|Banking Market Infrastructures
SWIFT is already used by over a 100+ financial institutions in India. By reusing this channel for communication with payments systems and other banking market infrastructures, these operators can focus on their core functionality and rollout new and improved services faster.
Using SWIFT as a standard channel of communication across banks, Corporate treasurers can have better visibility of their cash, enable faster and streamlined payments, reduce financial risks and improve supply chain operations.