SWIFT

Meaning

SWIFT, or SWIFT code, is a number that’s used to identify banks. It’s used when you make payments across borders.

Key points

• SWIFT appears frequently in invoicing, payment handling, and bookkeeping workflows.
• The term improves clarity between clients, suppliers, and accounting teams.
• Consistent use supports cleaner documentation and better reporting quality.

Practical use

In Nexbal workflows, swift is used to keep invoice and payment operations structured and auditable.