The SWIFT Service Bureau offers two general levels of service – SWIFT Connect and SWIFT Easy – with differing scope of service. Customers can choose one of the two packages upon which to build their own solution depending on their requirements.
SWIFT Connect: the basic link to the SWIFT network
Even for low-volume users, SWIFT Connect opens up easy, low-cost access to the world of SWIFT. OeKB provides a "client" for using the SWIFT services and transmitting and receiving financial messages, thus making the benefits of SWIFT access available to users with small message volume. Alternatively, SWIFT messages can also be sent and received via automated message transfer.
SWIFT Easy: the full-service connection
SWIFT Easy makes it possible to port data from the most diverse user applications in any format to the SWIFT network. Data from software not compatible with SWIFT is first converted by the Service Bureau to SWIFT standards.
In addition to taking care of the infrastructure and interface, OeKB also handles the conversion of proprietary data formats into SWIFT messages and vice versa.
SWIFT Scan: the efficient transaction filter
SWIFT Scan includes the usage of the OeKB transaction filter, which scans transactions according to OFAC (Office of Foreign Assets Control) and AML-blacklists (Anti Monetary Laundering). In addition, transactions can be scanned for special criteria defined by our clients.