Swift Announces Major New Price Initiatives

Four new pricing initiatives have been announced by Swift that it claims will benefit the entire Swift community. The strategic moves are designed to bolster growth and confirm Swift’s commitment to reduce message prices by 50 per cent over 2002-2006. There are four components: an overall 8 per cent price reduction on FIN; a revised Traffic Growth Incentive Programme; a one-time waiver of licence fees for the SWIFTAlliance Starter Set and launch of the Member/Concentrator model.

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