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Simplify Multi-Banking
Providing one channel for all your banks
SWIFT for Corporates is a service offered through Webster Bank that allows you to communicate with all your global banking partners through a single, highly secure bank-neutral platform. You’ll be able to use the SWIFT network to send payment instructions and files, and receive balance and transaction information on your Webster Bank deposit accounts.
SWIFT for Corporates
If you’re looking to streamline the systems you’re using for bank communications and optimize cash flows, SWIFT for Corporates is a smart solution for your business. Using a single channel to interact with domestic and international banks allows you to exchange messages and files, increase visibility of the timing and status of global payments. Plus, you’ll be able to improve forecasting and reconciliation activities by monitoring the full life cycle of messaging.
SWIFT for Corporates Benefits
Speed and Certainty
How it works
SWIFT for Corporates simplifies communication by using a single channel to connect your Webster Bank Deposit accounts to other domestic and international banks. Once you subscribe to SCORE services (Standardized CORporate Environment) which is a closed user group administered by SWIFT, you can begin exchanging messages for cash management on a bank-neutral platform. You’ll be able to create and digitally sign banking instructions which can be sent in real-time or store-and-forward mode, and transfer bulk files securely and reliably.
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