Swift for Payment Market Infrastructures

Swift supports more than 80 High Value Payments Market Infrastructures by offering common message standards, and a highly secure and resilient messaging and connectivity service.

Swift offers a scalable and reliable platform to more than 25 ACHs. We support cost efficient and interoperable file transfer services for retail payments within and across national clearing systems.

We are providing clearing infrastructure components for real-time payments, where clearing is distributed, between debtor and creditor banks. Scope includes a 24/7/365 network, switch components and access to value-added applications.

Copy Services enables the message sender to trigger a copy of a payment to a destination for payment authorisation. The solution is aimed at the clearing, netting and settlement of payments transactions.

Transfer files with industry-standard security and reliability. Ideal for bulk payments files, operational data and reports.

Messaging that allows participants to submit payments to the RTGS system and receive credit or debit confirmations.

Messaging that allows the participants’ liquidity management applications to monitor their accounts, payments processing and manage their reserves and limit.

MIRS is a generic third site RTGS system that provides operational and business continuity to RTGS operators in case of failure of their primary and/or secondary sites. MIRS acts on behalf of the RTGS operator in the event that the RTGS system is completely unavailable, due to failure of primary and secondary sites. It settles payments on a gross-basis between members, starting from the balances held at the RTGS at the time of failure.

Our powerful, end-to-end business intelligence solution combines financial messaging data with other information sources to deliver rich, business-focused analysis.