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Which of the following statements best describe the primary mandate of the Society for World Interbank Financial Telecommunications ( SWIFT ) ? A ) A

Which of the following statements best describe the primary mandate of the Society for World Interbank Financial Telecommunications (SWIFT)?A) A) To facilitate electronic communication and payments between banks, financial institutions and corporate clients across the globe. B) To facilitate international trade primarily by issuing bonds and guarantees. C) To promote its 400-and /00-series messaging systems, which respectively apply to documentary letters of credit and documentary collections. D) To create a competitive atmosphere between technology innovations companies, and to promote aggressive, rapid upgrades in information technology (IT) for international trade finance.

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