Which of the following networks provides a secure and credentialed environment for financial institutions and facilitates the exchange of financial information?
A
NEFT
B
RTGS
C
CHAPS
D
SWIFT
Correct Option:
D
Explanation
SWIFT (Society for Worldwide Interbank Financial Telecommunication) is a secure financial messaging network used by banks, financial institutions, and large corporate organisations to communicate about cross-border financial transactions.
