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Cryptocurrency Q&A How does a SWIFT transfer work?

How does a SWIFT transfer work?

Silvia Silvia Fri Oct 04 2024 | 6 answers 1460
Could you please explain to me, in simple terms, how does a SWIFT transfer actually work? I've heard about it but I'm not entirely clear on the process. Is it a direct transfer between two banks, or does it involve intermediaries? And how does the security of the transaction get ensured? I'd appreciate any clarification you can provide. How does a SWIFT transfer work?
swift transfer work

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