Friday March 27 2015
News Source: Global Exchanges
Focus: Trading Systems and Technology
Type: General
Country: Azerbaijan
National Depository Center has completed the first stage of connecting to SWIFT, which is the system that carries out international payments in real time. The technical part of the project was finalised and NDC is currently working on procedures, instruction and integration with its registration system with SWIFT.
Connection to SWIFT will give opportunities for NDC to carry out payments more reliably, safely and quickly, increasing the level of the services provided in this field and creating positive outlooks for establishing the connections with foreign depositories.
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