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RBA Glossary definition for SWIFT

SWIFT – Society for Worldwide Interbank Financial Telecommunication. A co-operative organisation that operates a network for the exchange of payment and other financial messages between financial institutions.

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Monetary Policy and Financial Stability

10 Feb 2020 Conferences PDF 1844KB
RBA Conference Volume 2017
https://www.rba.gov.au/publications/confs/2017/pdf/rba-conference-volume-2017-dellariccia-habermeier-haksar-mancini-griffoli.pdf

Key Financial Developments Since the Wallis Inquiry | Submission to the Financial System Inquiry – March 2014 | Financial Sector |…

1 Mar 2014 Submissions
The result was a swift tightening in financial conditions, at great cost to the global economy.
https://www.rba.gov.au/publications/submissions/financial-sector/financial-system-inquiry-2014-03/financial-developments-since-wallis-inquiry.html

Supplementary Submission to the Financial System Inquiry - 13 January 1997 (Published as Occasional Paper No. 15)

23 Jun 2010 Submissions PDF 116KB
confirmed andsettled on the basis of messages sent over the SWIFT network which linksfinancial institutions around the world.
https://www.rba.gov.au/publications/submissions/financial-sector/financial-system-inquiry-supplement-1997/pdf/financial-system-inquiry-supplement-1997.pdf

Innovation and Technological Change in Financial Intermediation and the Payments System | Supplementary Submission to the Financial System…

13 Jan 1997 Submissions
Most foreign exchange (and some domestic securities) trades are confirmed and settled on the basis of messages sent over the SWIFT network which links financial institutions around the world.
https://www.rba.gov.au/publications/submissions/financial-sector/financial-system-inquiry-supplement-1997/innovation-and-technological-change-in-financial-intermediation.html