Glossary

(Electronic Data Interchange For Administration, Commerce and Transport): International Standard for electronic date exchange, initiated by the United Nations, which provides: messages types (for accounting, transport, finance, commerce, insurance...), with usage rules and Dataflow scenarios.

A Messaging service that enables the secure and reliable exchange of Standards MT messages over the SWIFT Network.

File Transfer Protocol : communication protocol which provides for the exchange of files of data on a TCP/IP network.

An automated Messaging service that SWIFT has designed to enable customers to exchange Files over the SWIFT network. FileAct is particularly suited for the exchange of large volumes of data.

(Member Administered Closed User Group) Closed group of users administered by a SWIFT member bank. Companies can join the group to exchange over the SWIFT network with this Bank and/or the entities belonging to this bank.

SWIFT defined Message sent by a financial institution on behalf of an ordering customer to another financial institution which is in charge of the processing of the instruction conveyed. Is used to move funds out of accounts maintained in the receiving financial institution by the ordering customer (or out of accounts the which this customer has explicit authority to debit).

SWIFT defined Message used to convey collection instructions between financial institutions, particularly in direct debit schemes. Is also used between companies and banks.

(Standardised Corporate Environment) Name given to the SWIFT administered closed user group which enables companies meeting specific criteria to exchange with SCORE banks over the SWIFT network.

Le virement SEPA est un virement en euros qui permet de transférer des fonds aussi bien en France que dans l’ensemble des pays de la zone SEPA.
Il est caractérisé par :
- l’utilisation des codes BIC et IBAN pour identifier le bénéficiaire et sa banque,
- un délai de traitement garanti de 3 jours ouvrés maximum,
- un libellé d’informations pouvant comporter jusqu’à 140 caractères,
- une imputation des frais d’exécution distincte du montant transféré.
- des nouveaux formats d’échange UNIFI ISO 20022 (Universal Financial Industry Message Scheme) utilisant la syntaxe XML (Extensible Markup Language).

Society for Worldwide Interbank Financial Telecommunication, a member-owned cooperative through which the financial world conducts its business operations. Provides the proprietary communications platform, products and services that allow customers to connect and exchange financial information. Defines and maintain Standards (messages and communication).