Question

    SWIFT stands for

    A Society for Worldwide International Financial Telecommunication Correct Answer Incorrect Answer
    B Social for Worldwide Interbank Financial Technology Correct Answer Incorrect Answer
    C Society for Worldwide Interbank Financial Telecommunication Correct Answer Incorrect Answer
    D Social for Worldwide International Financial Technology Correct Answer Incorrect Answer

    Solution

    The Society for Worldwide Interbank Financial Telecommunication (SWIFT) provides a network that enables financial institutions worldwide to send and receive information about financial transactions in a secure, standardized and reliable environment.

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