CURRENT AFFAIRS

2023

Please wait while the activity loads.
If this activity does not load, try refreshing your browser. Also, this page requires javascript. Please visit using a browser with javascript enabled.

If loading fails, click here to try again

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]

What does ‘S’ stand for in ‘SWIFT’ financial messaging service?

A	Simple
B	Service
C	Secure
D	Society

Explanation:

Detailed explanation-1: -Explanation: The SWIFT system stands for the Society for Worldwide Interbank Financial Telecommunication. It is the world’s leading provider of secure financial messaging services. Load More.

Detailed explanation-2: -SWIFT is an acronym for the Society for Worldwide Interbank Financial Telecommunications and may also be referred to as a CIC code. U.S. Bank’s swift code is USBKUS44IMT.

Detailed explanation-3: -Society for Worldwide Interbank Financial Telecommunications (SWIFT) provides a secure messaging system for financial transactions between participating banks. SWIFT serves 11, 000 financial institutions in over 200 countries and territories.

Detailed explanation-4: -The Society for Worldwide Interbank Financial Telecommunication (Swift) is a global network connecting banks to communicate messages about activities like money transfer in a safe and secure way.

Detailed explanation-5: -What is SWIFT? It is formally known as the Society for Worldwide Interbank Financial Telecommunication (SWIFT). It is a trusted messaging system for banks and other financial institutions around the world.

There is 1 question to complete.