Tag: bank payments

Briefing: how bank payments work in the eurozone

Briefing: how bank payments work in the eurozone

Written by on May 20, 2016 in Features with 0 Comments

FRANKFURT (Reuters) – Cyber attacks on banks in Bangladesh and Vietnam are raising questions about the security of the global payment system and one of its key components, the SWIFT messaging network. Following is a basic explanation of how bank payments work in the euro zone: WHAT HAPPENS WHEN I MAKE A PAYMENT VIA A […]

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