Which of the following statements is correct with reference to the Society for Worldwide Interbank Financial Telecommunication (SWIFT) ?
ISWIFT is a global member-owned cooperative that is headquartered in Switzerland.
IISWIFT was founded in 1991.
IIISWIFT is a payment network.
IVSWIFT has the authority to impose sanctions on the banks.
Which of the statements given above are correct?

Question

Which of the following statements is correct with reference to the Society for Worldwide Interbank Financial Telecommunication (SWIFT) ?

ISWIFT is a global member-owned cooperative that is headquartered in Switzerland.
IISWIFT was founded in 1991.
IIISWIFT is a payment network.
IVSWIFT has the authority to impose sanctions on the banks.

Which of the statements given above are correct?

Accepted Answer

Option D: None of the above