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Could you elaborate on the role of SWIFT in facilitating interbank communication for securities settlements, and how does it support the reconciliation and settlement processes

  1. Could you elaborate on the role of SWIFT in facilitating interbank communication for securities settlements, and how does it support the reconciliation and settlement processes across global financial markets and custodial institutions ?

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SWIFT plays a crucial role in facilitating interbank communication for securities settlements by providing a secure and standardized messaging platform for financial institutions involved in the recon... blur-text-image

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