SWIFT for Corporates
The real value and cost of connectivity
For any corporate organisation exploring the pros and cons of joining SWIFT for Corporates as a way to communicate with their banking partners, it can be difficult to make accurate comparisons between the different options on the market.
“It is all about data. Thanks to SWIFT, we only spend about 15 minutes a day to gather the bank account information globally across five banks and 60 bank accounts.”
There are numerous myths and rumours around the cost and complexity of SWIFT connectivity. Over the past few years, as with most things related to technology and telecommunications, there have been significant advancements both in terms of capabilities and cost.
The enclosed report, produced by Deloitte Treasury Advisory Services, is based on SWIFT customer interviews and dispels some of the myths surrounding SWIFT services to give you a clear, fact-based breakdown of:
- The benefits of using SWIFT
- The four options for connecting to SWIFT
- The costs of implementation/adoption