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Selecting the Best SWIFT Service Bureau

by Marcus Hughes, Director Business Development, Bottomline Technologies

It can be challenging for treasurers new to SWIFT to make the right choice when selecting a SWIFT service bureau, especially as there are over 125 such bureaus globally used by over 3,500 SWIFT members, i.e., more than one-third of SWIFT’s total membership.

Caveat emptor

With so many bureaus to choose from, treasurers need to be very careful. The following checklist helps narrow down the options: