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Course Outline
Foundations of SWIFT
- Comprehensive SWIFT overview
- Analyzing the SWIFT network architecture
- Deciphering and applying SWIFT codes
- Core principles of SWIFT messaging
The SWIFT Operating Environment
- Configuring SWIFT terminals
- Encryption, authentication, and regulatory compliance
- Navigating user manuals and technical documentation
Processing SWIFT Transactions
- Pre-transfer preparation protocols
- Drafting SWIFT messages
- Managing fees, exchange rates, and currency conversion
- Addressing errors and transaction rejections
Regulatory Compliance and Risk Mitigation
- Anti-money laundering (AML) and Counter-terrorist financing (CTF) frameworks
- The role of know your customer (KYC) standards in SWIFT
- Best practices for surveillance and reporting
Advanced SWIFT Functionality
- Discovering extended SWIFT services
- System integration with internal banking platforms
- Emerging trends in SWIFT technology
Conclusion and Future Directions
Requirements
- Fundamental knowledge of core banking operations
Target Audience
- Banking specialists
- Finance officers
7 Hours
Testimonials (4)
How to manage business financials
surprise mtileni - Hatima Holdings (Pty) ltd
Course - Learning Xero
Good communication, open for discussion, kept it interesting and engaging
Ahmet Keyman - Keytrade AG
Course - Management Accounting and Finance for Non-Finance Professionals
Experience of the trainer and his way of conveying the content
Roggli Marc - Bechtle Schweiz AG
Course - FinOps
The trainer did not leave a single minute unexploited! He was up a storm throughout every lesson and provided much material for whatever he dealt with.