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.