SWIFTNet for Corporates

SWIFT provides SWIFTNet connectivity services to enable corporates to connect to all of their banking relationships through one single, highly secure, standardised communication platform. For most corporations, this option provides a much better solution than multiple connections in implementing treasury operations.

Business Benefits

• Global visibility of cash
  The ability to receive end-of-day or intra-day reporting directly from all your banks increases funds visibility and gives organisation to optimise cash management.
• Lower cost of financial transactions
  SWIFT allows for channel rationalisation, a single channel versus a multitude of different channels. The more banking relationships, the higher the savings. Additionally, automation of payment and reconciliation process brings substantial cost reduction in administrative overhead.
• Improve security / reliability
  Corporates are able to have better control of payment initiations together with increased security. Outsourcing the provision of SWIFT infrastructure to a Service Bureau ensures a resilient and reliable connection to SWIFTNet.

For more information on how the Synergy Service Bureau can help you with your treasury operations, please contact marketing@synergy-fs.com. Alternatively, follow this link to look around Synergy's bureau services for Corporates on our web-site.