funds security News

Bonum Bank Finland Clarifies SWIFT Code for Seamless Transfers

This article provides a detailed explanation of using SWIFT/BIC codes when making cross-border transfers to Bonum Bank in Finland. It emphasizes the importance of verifying the correct code and offers guidance on the applicability of the primary code, POPFFI22XXX, along with the bank's headquarters contact information. The aim is to assist readers in avoiding transfer delays or failures and ensuring the security of their funds. Correct SWIFT code usage is crucial for successful international payments.

09/02/2025 International Settlement

Guide to SWIFTBIC Codes for Transfers to Mozambique

This article details the importance of SWIFT/BIC codes when making international wire transfers to Mozambique. It provides various methods for finding and verifying SWIFT codes and explains the difference between SWIFT codes and IBAN numbers. The aim is to help readers avoid common errors in cross-border remittances and ensure the security of funds. It offers practical guidance on navigating the complexities of international banking in Mozambique, focusing on the accurate use of SWIFT codes for successful transactions.

09/02/2025 International Settlement

Blockchain Boosts Security for Global Parcel Delivery

This article explores the application of blockchain technology in international express delivery, demonstrating how data transparency and smart contract mechanisms have reduced the traditional parcel loss rate from 0.5% to 0.03%, significantly enhancing parcel security and logistics trust. Blockchain not only ensures data integrity but also promotes shared responsibility among all parties in cross-border logistics through warning mechanisms, thereby reshaping customer trust in the express delivery industry.

08/04/2025 Logistics Industry Insights

Sweden Enhances Security for International Bank Transfers

This article introduces the SWIFT code RIKSSESSD02 of the Swedish Royal Bank, explaining its significance and usage in international remittances, ensuring that readers can conduct cross-border transfers quickly and securely.

08/20/2025 International Settlement

IBAN Enhances Security for Global Money Transfers

This article discusses the structure of the International Bank Account Number (IBAN) and its significant role in cross-border transfers. It explains how to obtain and use an IBAN to ensure secure and efficient money transfers.