{"id":7992,"date":"2025-07-21T01:46:55","date_gmt":"2025-07-21T00:46:55","guid":{"rendered":"https:\/\/www.simplex.com\/kb\/what-is-swift"},"modified":"2025-09-03T15:15:45","modified_gmt":"2025-09-03T14:15:45","slug":"what-is-swift","status":"publish","type":"kb","link":"https:\/\/www.simplex.com\/kb\/what-is-swift","title":{"rendered":"What is SWIFT?"},"content":{"rendered":"<p style=\"box-sizing: border-box;color: #2f3941;font-family: -apple-system, &#39;system-ui&#39;, &#39;Segoe UI&#39;, Helvetica, Arial, sans-serif;font-size: 15px;white-space: normal;background-color: #ffffff;\"><span style=\"box-sizing: border-box;\">SWIFT\u00a0<\/span><span style=\"box-sizing: border-box;\">(<\/span><span style=\"box-sizing: border-box;\">Society for Worldwide Interbank Financial Telecommunications)\u00a0<\/span><span style=\"box-sizing: border-box;\">is a global transfer method that enables anyone, anywhere in the world to transfer funds from one bank account to another in a matter of days.\u00a0<\/span><\/p>\n<p style=\"box-sizing: border-box;color: #2f3941;font-family: -apple-system, &#39;system-ui&#39;, &#39;Segoe UI&#39;, Helvetica, Arial, sans-serif;font-size: 15px;white-space: normal;background-color: #ffffff;\"><span style=\"box-sizing: border-box;\">Basically, SWIFT is a channel where messages enclose payment instructions from the issuing bank, i.e. the bank of the payor, all the way to the remitting bank, i.e. the bank of the beneficiary.<\/span><\/p>\n<p style=\"box-sizing: border-box;color: #2f3941;font-family: -apple-system, &#39;system-ui&#39;, &#39;Segoe UI&#39;, Helvetica, Arial, sans-serif;font-size: 15px;white-space: normal;background-color: #ffffff;\"><span style=\"box-sizing: border-box;\">The network works similarly to traveling from point A to point B. It\u2019s not always possible to take a direct path. This means you may need to travel from one destination to another via several connecting locations. SWIFT works essentially the same way. Your money will travel from one country to another, but to do that, often intermediary\/correspondent banks are involved.<\/span><\/p>\n<p style=\"box-sizing: border-box;margin-bottom: 0px;color: #2f3941;font-family: -apple-system, &#39;system-ui&#39;, &#39;Segoe UI&#39;, Helvetica, Arial, sans-serif;font-size: 15px;white-space: normal;background-color: #ffffff;\"><span style=\"box-sizing: border-box;\">SWIFT enables Nuvei Accounts to accept and send transactions from\/to all over the world. However, some locations still need to be supported. The complete list of places that SWIFT does not support is available here<\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>SWIFT\u00a0(Society for Worldwide Interbank Financial Telecommunications)\u00a0is a global transfer method that enables anyone, anywhere in the world to transfer funds from one bank account to another in a matter of days.\u00a0 Basically, SWIFT is a channel where messages enclose payment instructions from the issuing bank, i.e. the bank of the payor, all the way to<\/p>\n","protected":false},"featured_media":0,"menu_order":0,"template":"","kb_category":[38,47],"class_list":["post-7992","kb","type-kb","status-publish","hentry","kb_category-nuvei-accounts","kb_category-transfers"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v22.8 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>What is SWIFT? - Simplex<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.simplex.com\/kb\/what-is-swift\" \/>\n<meta property=\"og:locale\" content=\"en_GB\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"What is SWIFT? 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