A. Security for Worldwide International Financial Telecommunication
B. Society for Worldwide Interbank Financial Telecommunication
C. Service the Worldwide Interbank Financial Telecommunication
D. None of these

Submitted by: Areesha Khan

SWIFT, formally known as the Society for Worldwide Interbank Financial Telecommunication, is a messaging system for banks and other financial institutions around the world.

SWIFT, which stands for the Society for Worldwide Interbank Financial Telecommunication, is a messaging system that allows banks around the globe to securely and quickly communicate about cross-border payments. It is widely used. There are about 11,000 member banks in 200 countries and territories that use SWIFT.

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