What is SWIFT code and how does it work in banks?

Title:

Description:

SWIFT messages form a vital mode of communication between banks worldwide. Here we discuss why banks use the SWIFT system, what is a SWIFT code and how it works.
**********************************************************************************************
For full course on SWIFT MT and ISO 20022 MX Messages including Overview of SWIFT GPI
http://bit.ly/swift-mt-mx-course
**********************************************************************************************

**********************************************************************
For beginners in Trade Finance, the Gist of Trade Finance in simple language
https://bit.ly/tradefinancecourse
**********************************************************************
Learn the ESSENTIALS of Letter of Credit and UCP 600!!
Three Hours of power learning in simple language explained with examples/ Real life documents/ CDCS FAQs -
https://bit.ly/LetterofCreditCourse
**********************************************************************
For a thorough and extensive understanding of Incoterms 2020 in easy words  http://bit.ly/Incoterms-2020-Course
**********************************************************************

SUBSCRIBE HERE - https://bit.ly/2Xu68WD
WATCH OUR LATEST VIDEO HERE - https://bit.ly/latesttutorial

Related tutorials-
Trade Finance Basic Concepts | Methods of Payment | Parties Involved - 
https://youtu.be/WAj7oR3HKMc
Letter of Credit Basic Concepts | Process Flow | Parties Involved - 
https://youtu.be/7gfg_LN6-YI

#tradefinance

YouTube url:	https://www.youtube.com/watch?v=7TObiCsnE2k
Created:	12. 3. 2022 05:10:14

CaptionsMaker.com

What is SWIFT code and how does it work in banks?