How to query the swift code of Xuzhou Quanshan Sub-branch of Agricultural Bank of China? I don't know what this is. ...

SWIFT is the abbreviation of "Society Worldwide Interbank Financial Telecommunication Global Interbank Financial Telecommunication Association". All member banks of the Association have their own SWIFT codes, namely SWIFT codes. During wire transfer, the remitting bank can remit the money to the receiving bank by sending a payment message according to the SWIFT code of the receiving bank. This number is equivalent to the ID number of each bank.

SWIFT is the abbreviation of the Society for Global Banking, Finance and Telecommunications. Global interbank financial communication system. It is a high-performance, low-cost, safe, fast and standardized message, which can work continuously with various computers and can almost completely replace telegraph operation.

SWIFT is an international non-profit legal person organization, headquartered in Brussels, Belgium, with international operations Genter in the United States and the Netherlands respectively. Since/kloc-0 was established in May, 1973, by the end of February 1997 168, the number of participating countries and banks had reached13070 banks in 68 countries, transmitting more than 265438+ million messages every day. Because SWIFT has the following advantages.

(1) Security: SWIFT is a communication tool between banks, which involves the transfer of funds. The importance of safety is self-evident. There are four safety control methods:

SWIFT is an independent private communication network, and its users are limited to members of banks and financial circles. Because it is not a public network, others can't access this network, which is of great help to improve security.

SWIFT messages are transmitted in garbled code, so the messages are not easy to be stolen by third parties.

SWIFT's power generation and power receiving operations are controlled by user I/D and password to ensure the security of information transmission. Banks must use computer software and equipment that have passed the inspection of SWIFT headquarters. In addition, the input of message data must go through at least two different levels of control operations.

SWIFT messages, except for categories 0, 3 and 9, must be "full text", and peers should exchange passwords first and change them regularly. Compared with telex, SWIFT is more strict in password control, because it only bets on the date, currency and amount of the transaction.

(2) Economy: Banks applying to join the SWIFT organization need to pay membership fees (early members need to pay 6.5438+0.78 million Belgian francs, which has been reduced to 400,000 Belgian francs at present), and also need to invest in computer software and hardware recognized by SWIFT headquarters, and then only need to share the costs, each of which is about 30 Belgian francs.

(3) Automation: SWIFT's telecommunications include the following nine items, all of which are sent in a fixed format, with standardized content, which is convenient for bank automation.

Due to the above advantages, since its establishment, in addition to the requirements of banks, even some non-bank institutions, such as securities brokers, dealers and traveler's check sales companies, have actively joined the formal operation. Most of China's designated foreign exchange banks and foreign banks with branches in China have joined the membership and started to use it on September 23rd 1985.

SWIFT provides users with messages to complete financial transactions, which are divided into nine categories according to the first digit of the message type:

System message system message

Customer transfer customer remittance

bank transfer

Foreign exchange/loan/deposit foreign exchange and loan/deposit transactions

Set set

Securities news

documentary letter of credit

Special payment mechanism Special payment method (structure) (traveler's check)

Special information, special information

The format code for developing or modifying letter of credit transactions is 700.