Empowerment through SWIFT messaging!

Verifund facilitates the transmission of financial messages through the Global SWIFT System used by over 9000 international financial institutions. We have partnered with the world's leading financial institutions to transmit these messages on your behalf so that you can project merit, substance and trust in your transactions.

Highlights:

* Reduce liability of your financial messages

* Lower cost, without the sacrifice of service, speed and reliability

* Explore new opportunities with SWIFT Messages on a global scale

* Affiliation with Class A world top banks

* Flexible verbiage for 799, 760 and 999 message types commonly used for Financial Instruments ( Letters of Credit, Bank Guarantees, and RWA's. )

SWIFT assists many businesses in processing transactions more effectively.

For example, a client may wish to purchase a substantial quantity of goods from XYZ company. The client may need to show a good standing to XYZ company i.e. confirmation of financial capability from the client's financial institution. This request can be easily confirmed via the SWIFT system. The confirmation would be known as a MT799 sent via SWIFT from the client's advising bank. The seller's bank would receive confirmation informing them that the buyer has the financial capability to conduct the transaction.

Types of SWIFT messages:

The MT799, MT798 and MT760 messages pertain to the proof of funds, Ready-Willing-and-Able confirmations. The MT999 freeform message is used to confirm existing agreements, memos, offers of buying and selling products or services. As such, your own business may already have been party to a transaction where the SWIFT messaging system was utilized. The speed and uniform efficiency of the SWIFT system shows that it is effective in making sure business transactions go as smoothly as possible for both parties as well as creating accountability and clarity for all parties involved.

Program 1: Retail SWIFT Messaging Service. This program enables your client to send individual financial messages specific to their transactions needs.

Program 2: Institutional SWIFT Messaging Service. This program enables one to supply the bridge connecting your financial institutions to our SWIFT facilities. In other words, one becomes a SWIFT service agent and is part of every message relayed for that institution, providing opportunities for multiple and residual benefits.

Our Clients:

Banks – Investment Brokerage Institutions – Trading Institutions – Brokers – Securities Broker Dealers – Investment Management Institutions – Trust and Fiduciary Service Companies – Import Export – Treasury Counter Parties – Commodity Brokers – Savings and Loans