Current Affairs

GK MCQs Section
Q. What is the complete abbreviation for the acronym SWIFT?
Answer: Society for Worldwide Interbank Financial Telecommunications
Notes: ICICI Bank Limited launched a ‘smart wire’ facility for Inward Remittances. This scheme is an online solution to allow NRI and resident customers to make SWIFT-based remittances. ICICI Bank is the first to introduce a quick and easy solution to receive such remittances.
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