SWIFT ready application


 
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CREDOC is a SWIFT Certified Application Trade Finance labelled application, which means it complies to SWIFT standards in regards to the Trade Finance market. This includes the handling of all in & out messages in regards to Trade Finance, such as MT 103, MT 202, MT 202(cov), MT 4xx, and MT7xx, and now the MT 798 enabling the exchange of information between Corporates and Banks.

“As part of SWIFT Partnership framework, the SWIFTReady certification program certifies the SWIFT-compliance of third-party financial applications that complement SWIFT’s value proposition.

Certified applications are awarded a SWIFTReady Application label following their functional and technical compliance with SWIFT standards, messaging services and connectivity.

Designed to reflect an application’s ability to provide automation in a SWIFT environment, the application label is based on a dedicated set of
SWIFT-specific certification criteria that are re-evaluated annually.”

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