Which of the following is used for International Money Transfer?
SWIFT (Society for Worldwide Interbank Financial Telecommunication) is the global messaging network used by banks and financial institutions worldwide to securely transmit…
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Which of the following is used for International Money Transfer?
Answer and explanation
Correct answer A
SWIFT (Society for Worldwide Interbank Financial Telecommunication) is the global messaging network used by banks and financial institutions worldwide to securely transmit instructions for International Money Transfers.
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