April 2016

FIPS 2015 – Saqib Sheikh, COO, Swift India

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INNOVATIONS DRIVING INDIA

We operate in over 200 countries, having a network of 10,800 Financial Institutions. We witness over 27 million high and low value payments, security and treasury transactions on peak days

Swift is neither a bank nor a financial institution or an insurance company. It’s a banking cooperative and a non- profit organisation that operates globally and every bank in the world, if you are transferring overseas, you are member, you are an owner of the Swift. In 2014, we had more than five billion transactions over the net in terms of value.

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