Society For Worldwide Interbank Financial Telecommunication - Standards

Standards

SWIFT has become the industry standard for syntax in financial messages. Messages formatted to SWIFT standards can be read by, and processed by, many well-known financial processing systems, whether or not the message traveled over the SWIFT network. SWIFT cooperates with international organizations for defining standards for message format and content. SWIFT is also registration authority (RA) for the following ISO standards:

  • ISO 9362: 1994 Banking—Banking telecommunication messages—Bank identifier codes
  • ISO 10383: 2003 Securities and related financial instruments—Codes for exchanges and market identification (MIC)
  • ISO 13616: 2003 IBAN Registry
  • ISO 15022: 1999 Securities—Scheme for messages (Data Field Dictionary) (replaces ISO 7775)
  • ISO 20022-1: 2004 and ISO 20022-2:2007 Financial services—UNIversal Financial Industry message scheme

In RFC 3615 urn:swift: was defined as Uniform Resource Names (URNs) for SWIFT FIN.

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