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Banking > IT in Banking > overview>networks

COMMUNICATION NETWORKS

 Indian banks and S.W.I.F.T

88 Indian banks are part of the international financial messages communication network, namely, Society for Worldwide Inter-bank Financial Telecommunication (S.W.I.F.T). The S.W.I.F.T provides reliable and expeditious telecommunication facilities for exchange of financial message all over the world. The gateway is in Mumbai and efforts are on to other cities through leased lines/public data network.

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