SWIFT Announces 15% Rebate on Messaging Usage

Financial messaging provider SWIFT has announced a rebate of 15% on 2010 messaging usage. This is in addition to the 20% average FIN price reduction to be introduced in 2011.

 

This is SWIFT's first rebate since 2008. The new rebate will return approximately US$69 million to SWIFT users and will be paid in January, 2011.

 

"The 15% rebate and 20% price reduction represent the biggest single savings package ever given to the SWIFT community," says Yawar Shah, Chairman of the SWIFT Board and Managing Director, Citi.

 

 

MORE ARTICLES ON SWIFT

Suggested Articles

Some of you might have already been aware of the news that Questex—with the aim to focus on event business—will shut down permanently all media brands in Asia…

Some advice for transitioning into an advisory role

Global risks are intensifying but the collective will to tackle them appears to be lacking. Check out this report for areas of concern