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SWIFT is a member-owned cooperative that provides the communications platform, products and services to connect over 10000 banking organizations, securities institution and corporate customers in more than 208 countries. SWIFT enables it's users to exchange automated standardized financial information securely and reliably, thereby lowering costs, reducing operational risk and eliminating operational inefficiencies. SWIFT also brings the financial community together to work collaboratively to shape market practice, define standards and debate issues of mutual interest
Within the framework of the efforts exerted to develop the Egyptian Capital Market through applying the International standards, MCDR has found it inevitable to participate in the S.W.I.F.T system
As regards, MCDR as a service center or agent in the Egyptian market, a direct link has been established between MCDR and the system so that all members are linked through MCDR to achieve flexibility, ease and speed of data exchange in a secure manner as the system does not allow any party to have access to the second party's data.
MCDR has gained an impressive customer base with an excellent track record for delivering quality services at highly competitive rates. The company operates as SWIFT shared Infrastructure with international access to SWIFT Network.