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Ruble Sinks 26% After SWIFT Sanctions Against The Russian Banks

The ruble sank nearly 26% against the U.S. dollar early Monday after Western nations moved to block Russian banks from the SWIFT global payment system. The ruble was trading at a record low 105.27 per dollar, down from about ...

Now You Will Be Able To Transfer Funds Globally On Same Day More Securely

For moving money across the globe in seconds, the SWIFT service will now offer all 1000 partner banks on to its platform. In this bid, the global payment innovation or GPI service will completely reposition itself such that by the ...

What Is SWIFT System Used In PNB Scam Case Or In Banking?

SWIFT stands for Society for Worldwide Interbank Financial Telecommunications and it is through this mode all the illegal letter of undertakings was being routed for Nirav Modi. Mode of money transfer globally In general SWIFT is a methodology used ...

A Look At May Discounts From Major Carmakers In India

If you are considering wading away severe heat waves by making a car purchase this summer, the time just might be right for you. From discount offers to exchange benefits to free insurance, get the deal which scores over for you ...

What is the Difference Between IFSC and SWIFT Code for Funds Transfer?

The terms are used commonly in banking transaction where one needs to remit money through electronic transfer. The main difference between two terms is IFSC is needed while transferring funds within the country and SWIFT code is needed while transferring funds ...