SWIFT messages are the messages generated when funds are transferred internationally using the SWIFT international payment network.SWIFT stands for the Society for Worldwide Interbank Financial Telecommunication and is renowned as having the fastest, most secure method for sending financial messages internationally.The main advantages of SWIFT messages include:The fact that all of the details relating to an international payment are outlined in the message, including the costs and time periods involved.Traceability is built into the entire process. SWIFT makes it easy to obtain proof of client payment, which is crucial for many businesses. This guarantees that clients (or the clients’ suppliers) can trace the transaction status and the location of the funds at any step of the transit period.SWIFT payments are considered extremely reliable. No message has ever been lost since the system was established in the 1970s, from the more than 15 million SWIFT messages that are sent over the world each day.