SWIFT Code vs. Routing Number: Are They the Same?
by Cheqly team
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SWIFT Code vs Routing Number
The bank transfer process between domestic and international spaces requires an understanding of SWIFT codes and routing numbers. These payment-routing systems exist for different functions because they operate in separate financial systems. The international banking communication system SWIFT codes support secure cross-border transfers, but routing numbers enable domestic fund transfers in the United States. We … Continued