Sentence examples for swift systems from inspiring English sources

Ethereum is using it to process code while financial organizations are about to fork it in order to replace the ridiculous ACH and SWIFT systems.

The Swift system doesn't contain private bank account information.

"We particularly want to be readmitted to the Swift system," he said.

Kick Russia out of the SWIFT system, denying Russian banks access to international monetary transfers.

Some financial security experts point out the Swift system is only as safe as its weakest link.

The leadership is also desperate to escape the withering financial sanctions imposed in recent years, particularly the ban on Iranian money transfers through the Swift system.

It had no impact on the Swift system in particular and the transaction system between the bank and customers in general," the bank's statement said.

Companies can use their software to send transactions through the Automated Clearing House network in North America or the Swift system in Europe, both of which process electronic payments.

The single most urgent change business wants is the end to the ban on bank transfers under the international Swift system.

There is even talk of Russia and China creating an alternative international payment system to replace the Swift system, which the US and Europe can use to impose financial sanctions against Russia.

Once the conditions have been fulfilled, the EU oil embargo and all other EU economic and financial sanctions would be lifted, as well as the block on Iran using the Swift system for international electronic banking.