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| subject: | Re: wrt SWIFT |
From: "Phil Payne" > I once spent 6 weeks porting the SWIFT transmission and reception programs > of a multinational bank from RPG II (System/34) to RPG III (System/38). They > weren't big programs, but they were exceedingly badly written. In the > process I learned more than I really wanted to know about how SWIFT worked, > fortunately I have forgotten almost all of it now. I do remember how > surprised I was to find such huge amounts of money being transferred around > the world with no security or checking as to correct reception etc. It's probably not a trivial job. Many banks aren't members and do their international transfers via member banks. Used to be very common in Germany - the little "Sparkassen" used to use banks like Dresdner and Deutsche Bank. The destination infor is all there, but ISTR some of the source got lost. --- BBBS/NT v4.01 Flag-5* Origin: Barktopia BBS Site http://HarborWebs.com:8081 (1:379/45) SEEN-BY: 633/267 270 5030/786 @PATH: 379/45 1 633/267 |
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