Exactly, a particular bank should agree to use this alternative and have some software to support it. Regarding to SWIFT, it's a messaging protocol to assist banks with international payments routing, not actual mean to transfer money?
What is the best source to better understand how SWIFT...
Thanks for the prompt reply! I've talked to Moheli Corp. Service and they confirmed that SWIFT won't integrate any bank there at the moment. How do they work at all? Paying some third-party bank to accept/transfer payments on behalf of them?
What about alternatives to SWIFT? China is working on...
How well you informed about this jurisdiction? Is it technically possible to incorporate a bank there? Get SWIFT connected for this bank? So far it looks like all the banks from Anjouan were disconnected from SWIFT.
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