894General KnowledgeMedium
What does SWIFT stand for financial?
AService the Worldwide Interbank Financial Telecommunication
BSecurity for Worldwide International Financial Telecommunication
CSociety for Worldwide Interbank Financial Telecommunication
DNone of these
Correct answer
C. Society for Worldwide Interbank Financial Telecommunication
Explanation
SWIFT, formally known as the Society for Worldwide Interbank Financial Telecommunication, is a messaging system for banks and other financial institutions around the world.