SWIFT stands for Society for Worldwide Interbank Financial Telecommunications. Set up in 1973, it’s a member-owned cooperative that developed a communication platform to transmit secure financial transaction information between the financial institutions it represents.
If you are clients of State Of Cards™, then we need to verify account. This is to comply with an additional regulatory requirement for application KYC.
The European's domestic clearing scheme for simplifying the European banking transaction network and processing EUR payments within the SEPA region.
Know Your Client (KYC) is a requirement that protects both financial institutions and their clients. Financial institutions are required to formally verify the identity of all clients and understand the purpose of trading, expected volumes and jurisdictions their clients will use.