HallyuHeroLegendaryStar
Sat Oct 05 2024
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6 answers
1249
What is the SWIFT bank account?
Excuse me, could you please explain what exactly is meant by the term "SWIFT bank account"? I've heard it mentioned in several financial contexts but I'm still a bit unclear on its specific function and purpose within the banking system. Is it a specific type of account that utilizes the SWIFT network for international transactions, or is it something else entirely? Any clarification you could provide would be greatly appreciated.
Luca
Tue Oct 01 2024
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7 answers
1323
What does Swift stand for in trade?
Could you please clarify what "Swift" stands for in the context of trade? I'm assuming it's a term related to financial transactions or international commerce, but I'm not entirely sure. Is it an acronym for a specific organization or system that facilitates trade between countries? Or perhaps it refers to a type of payment method or transaction protocol? Any additional information you could provide would be greatly appreciated.
