Author: Vijay Mehriya

In the era of digitalization and online banking, people need modern solutions to manage their funds remotely, without any need for physical presence in banks and other financial institutions. International money transfers are among the most popular transactions nowadays. For this purpose, users select the fin corp of their interest and the intermediary digital network like SWIFT to make all the operations fast and safe.

Philippines BPI SWIFT/BIC Codes
The SWIFT network for payments became extremely popular. Even after its boom in the present-day global market and numerous alternative services pioneered, this financial system stays at the top. The closest competitors that are dreaming about the winner’s podium like SWIFT has are SEPA, SpenDesk, Vena, Anaplan, and Coupa. But the rating of these networks is far lower than the top-performing financial service vendor.