SWIFTNet published on 18.12.2015 SWIFTNet is a multi-bank and multi-country network that enables secure communication with all your banks worldwide through a single standard protocol. Description Benefits Specifications Description SWIFTNet is a multi-bank and multi-country network that enables secure communication with all your banks worldwide through a single standard protocol. BNP Paribas is certified by SWIFT and was awarded “Best SWIFTNet Bank for Corporates in Europe” for the 4th year in a row this year by TMI. Downloadthe leaflet Benefits Efficiency and convenience with a flexible, standard, multi-bank and multi-country solution, enabling the ability to streamline and automate your payment processes. Strong security adding SWIFT‘s security mechanism to BNP Paribas’ encryption system and a protected digital signature. Real-time tracking and control of your transactions, improving cash visibility worldwide without changing your organisation. Cost savings and operational risk reduction with only one interface to maintain. Specifications A large geographical coverage with a presence in over 40 countries across Europe, Africa, the Americas, Asia and the Middle East, and more than 250 SWIFT MT101 agreements with third party banks. Access to a broad and expanding range of payment and collection instruments including SEPA, international and local transactions. Regular and ad hoc reporting to match your activities and track your transactions at all times. Multiple formats such as SWIFT, ISO 20022 XML and EDIFACT, local formats in several countries and proprietary formats such as SAP IDOC. Value added services such as enhanced security options, a comprehensive traceability offer, the management of customised limits and a dedicated team to support you through the implementation from beginning to end. Smooth integration of BNP Paribas’ offerings with the principal ERP/TMS systems on the market.