SWIFT Financial Messaging & Banking Payments MasterClass!

Name: SWIFT Financial Messaging & Banking Payments MasterClass!
Rating: 4.5 (22 reviews)

SWIFT MT 150222 . MX ISO20022, CBPR+, FIN, Financial Messaging! Salaries from 50,000 USD

Created byAbiola Bhadmus

Last updated 12/2024

English

What you'll learn

Gain a solid understanding of SWIFT’s core functions and its key role in global financial messaging, preparing you for roles in banking and finance
Learn how SWIFT integrates into the global financial ecosystem, facilitating secure and efficient international transactions.
Become proficient in the essential SWIFT message types used by banks, central banks, and financial institutions worldwide.
Add SWIFT skills to your CV, positioning yourself to break into or advance within the banking and finance sectors, with improved career and salary opportunities
SWIFT Messaging Services : FIN
SWIFT Messaging Services : Interact
SWIFT Messaging Services : Market Infrastructure Channel
SWIFT FIN Message Structure
SWIFT FIN ACK/ NACK
ISO20022 : Its rise in global financial messaging
ISO20022: Job Market Opportunities
ISO20022: Job Market Salaries
The History of SWIFT
The SWIFT Secure IP Network

Course content

1 section • 10 lectures • 2h 17m total length

The History of SWIFT7:26
Understand why SWIFT was created
Understand the impact SWIFT has on the global financial Industry
Understand how SWIFT is Governed.
The History of SWIFT Quiz
SWIFT User Categories7:17

Understand the key User Types who are allowed to join SWIFT and the criteria for membership
SWIFT User Categories Quiz
Fundamentals of the SWIFT Secure IP Network(SIPN)18:33
Understand the fundamentals of the SWIFT Secure IP Network
Understand SIPN Security
Gain knowledge on the 3 layers of Security model
Secure IP Network Quiz
SWIFT Business Identifier Codes (BIC)11:54
BIC Codes - Why are BIC Codes Needed
What is the BIC Codes
Benefits of BIC Codes
How ISO & SWIFT Collaborate- ISO9362
Structure of a BIC Code
Types of BIC Codes
Industry examples
BIC8 vs BIC11
Live BIC vs Test and Training
Business Identifier Codes( BIC)
SWIFT Core Messaging Services7:30
Gain an understanding of the SWIFT core messaging services. Understanding of these core services is fundamental to a successful career in banking payments & global financial messaging
FIN
INTERACT
FILEACT
WEBACCESS
MI CHANNEL
SWIFT Message Categories (1-9)15:15
Overview of the key MT categories

Category 1 - Customer Payments and Cheques
Category 2 - Financial Institution Transfers
Category 3 - Treasury Markets - FX, Money Markets and Derivatives
Category 4 - Collections and Cash Letters
Category 5 - Securities Markets
Category 6 - Reference Data
Category 6 - Treasury Markets - Commodities
Category 7 - Documentary Credits and Guarantees/Standby Letters of Credit
Category 8 - Travellers Cheques
Category 9 - Cash Management and Customer Status
MT Categories Quiz
SWIFT Relationship Management Application (RMA)10:43
Gain a fundamental understanding of SWIFTS RMA service.
Understand its purpose, function, and operation
SWIFT Relationship Management Application (RMA) Quiz
IS015022 and FIN18:04
FIN is Swift's fundamental message-processing service. It facilitates the safe, speedy, and trustworthy exchange of financial information among Swift's international customer base.
SWIFT processes on average 45 million FIN messages per day across category 1 - 9 MT messages. Understanding FIN is mandatory to be successful as a Global Financial Messaging Engineer
SWIFTNet FIN
ISO20022 :Global Trends / Employment & Salaries19:49
Learn about Global Trends in ISO20022.
Gain useful insights into the ISO20022 employment sector
Get an idea of salaries within the industry
ISO20022 Deep Dive21:04
You will be able to understanding ISO20022
You will have a fundamental understanding of the ISO20022 categories
You will be able to use the Message Definition Report to create, debug, and understand the structural elements of ISO20022
When presented with a ISO20022 financial instruction , you will be able to understand the purpose of the instruction.
ISO20022 Deep Dive

Requirements

No prior experience needed. This course provides all the knowledge required to build a solid foundation in SWIFT and global financial messaging.

Description

This course is designed to give you the best and a truly solid fundamental understanding of S.W.I.F.T , SWIFT payment types, and global Financial messaging

This course is taught by a certified SWIFT engineer who has been and continues to work in financial industry. Our course is the beginning of unlocking you path into banking.

Becoming knowledgable in SWIFT and understanding how it fits and is used in the financial sector IS AN EXTREMELY RARE AND VERY WELL PAID SKILL. SWIFT consultants are in great demand. Learning SWIFT will be one of the best decisions you can take to enhance your career prospects.

This is a rare skill to have .Learning SWIFT is not easy. The financial industry does not actively promote this , unlock coding and other general skills which can be easily attained. SWIFT skills are rare and you will be well valued once you become an expert. This course is a solid foundation which will if you wish enable you to progress and learn more in depth topics

This course will give you an excellent foundation into the world of SWIFT, and will enable you to add SWIFT knowledge to skillset.

The course will cover The History of SWIFT, SWIFT Governance, SWIFT Network design & Architecture, SWIFT BICS, SWIFT Standards, SWIFT MT & MX messages, SWIFT PKI, and SWIFT CBPR+, SWIFT RMA, SWIFT Messaging Services which are being rolled out across the financial ecosystem.

Who this course is for:

This course is for anyone interested in SWIFT and global financial messaging—ideal for newcomers and professionals like analysts, testers, project managers, solution architects, cloud engineers, and anyone looking to enter or advance in the banking sector.
This Course is aimed at System Analysts, Project Managers, Developers, and those currently working or seeking to work on Payment Programme