Our solution offers an efficient, reliable, and secure solution for managing incoming international wire transfers via SWIFT. Just share your institution’s Business Identifier Code (BIC), the beneficiary’s account number or local ID, full name and address with the sender. Convera acts as the correspondent, receiving and routing payments through the SWIFT network and crediting your account—once funds are available in your holding balance, PACS.008 (standard ISO 20022) messages are sent to the beneficiary ’s account.