Course Outline

Introduction to SWIFT for Government

  • Overview of SWIFT
  • Understanding the SWIFT Network for Government Operations
  • Decoding and Usage of SWIFT Codes in Public Sector Transactions
  • The Basics of SWIFT Messages for Government Use

The SWIFT Environment for Government

  • Setting Up a SWIFT Terminal for Government Agencies
  • SWIFT Encryption, Authentication, and Compliance for Government Entities
  • The User Handbook and Documentation for Government Users

Executing SWIFT Transfers for Government

  • Preparing for a Transfer in the Public Sector
  • Creating SWIFT Messages for Government Transactions
  • Understanding Charges, Rates, and Conversion in International Government Transfers
  • Handling Errors and Rejections in Government SWIFT Transfers

Compliance and Risk Management for Government

  • Anti-Money Laundering (AML) and Counter-Terrorist Financing (CTF) Considerations for Government Entities
  • The Importance of Know Your Customer (KYC) in SWIFT Transfers for Government Operations
  • Monitoring and Reporting Tools and Best Practices for Government Compliance

Advanced SWIFT Operations for Government

  • Exploring Additional SWIFT Services for Government Use
  • Integration with Internal Banking Systems for Enhanced Government Efficiency
  • Future Trends in SWIFT for Government Transactions

Summary and Next Steps for Government Entities

Requirements

  • Foundational knowledge of banking operations for government and financial sector employees

Audience

  • Banking professionals
  • Financial officers
 7 Hours

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