Cryptocurrency Q&A Does Hong Kong use SWIFT?

Does Hong Kong use SWIFT?

Alessandro Alessandro Tue Aug 27 2024 | 5 answers 906
Is it true that Hong Kong utilizes the SWIFT system for international financial transactions, similar to many other major financial centers globally? I understand SWIFT, the Society for Worldwide Interbank Financial Telecommunication, facilitates the secure transfer of information and money between banks worldwide. Given Hong Kong's status as a global financial hub, I'm curious about its adoption of this widely used system. Could you clarify if Hong Kong banks employ SWIFT for their international transactions? Does Hong Kong use SWIFT?

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