Central Financial institution of Azerbaijan, SWIFT talk about prospects of co-op

BAKU, Azerbaijan, November 2. The Central Financial institution
of Azerbaijan (CBA) and SWIFT mentioned prospects for cooperation,
Pattern reviews.

The info from the CBA exhibits {that a} assembly was held with the
Head of SWIFT for Russia, the Caucasus, and Central Asia, Matthieu
de Heering.

The edges exchanged views on the event of cooperation with
SWIFT monetary establishments on the assembly, together with on increasing
the protection of revolutionary fee providers within the nation and the
introduction of latest fee options. The present state and
prospects of cooperation between the Central Financial institution and SWIFT have been
mentioned.

The CBA held discussions with SWIFT on increasing the scope of
revolutionary fee providers within the nation earlier this yr, as
nicely as offering dependable, sustainable, and safe fee
options.

As well as, the present state of the nationwide fee
infrastructure, work on the transition to the ISO 20022
worldwide customary, prospects for the event of fee
providers, and present and future SWIFT applications, together with the principle
options of SWIFT options, objectives, and rules of the client
safety program, have been mentioned throughout the assembly.

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