The other party wants you to provide the bank's swift, so that the remitting bank can accurately wire the foreign exchange to the receiving bank, improve the accuracy and shorten the required time as much as possible. In addition, the company's account name and account number must be provided accurately, otherwise it may lead to failure to record or even refund. Swift, you can get it from the bank where you open an account.

Swift is the abbreviation of Global Banking Telecommunication Association. Due to the increasingly frequent economic activities between international banks and the increasing account transactions, the traditional manual processing method can no longer meet the requirements of customers. In order to adapt to the ever-changing market development, customers require that the transfer settlement in a country or even around the world can be completed quickly with fund settlement.