Sunday, April 9, 2006

SWIFT

Society for Worldwide Interbank Financial Telecommunication; an industry cooperative that provides a standard format for transmitting payments, stock transactions, letters of credit and other financial messages to more than 7,500 member banks, broker-dealers and investment organizations around the world. A SWIFT code is widely used to transfer funds between banks.
ANB SWIFT service allows customers to perform money transfer outside the kingdom with any currency or inside the kingdom with a foreign currency.

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