Wednesday, October 03, 2007

Swift

Another target:
Swift is a financial services co-operative company owned and controlled by many of the world’s largest banks, including Citibank, HSBC and ABN Amro. Swift hosts an electronic network that banks use to make transfers to each other. Following the imposition of financial sanctions by the United States government in August 2003 the regime faced a crisis, unable to use dollars in financial transactions. Swift came to their aid, making four Burmese banks part of its network. The regime is now able to avoid US financial sanctions by making financial transfers in Euros using Swift’s network.

Jaap Kamp
Chairman, Swift
C/O ABN AMRO Bank N.V.
Head Office
Gustav Mahlerlaan 10
1082 PP Amsterdam
The Netherlands

Leonard H Schrank
Chief Executive Officer
Swift
Avenue Adèle 1
B-1310 La Hulpe
Belgium
Fax: 00 32 2 655 32 26
Email: kara.condon@swift.com

Managing Director
Swift
7th floor, The Corn Exchange
55 Mark Lane
London EC3R 7NE
Fax: 020 7762 2222


You can also let Swift know what you think of their support for the generals here. Frankly I don't think you can get your bank to stop using them, swift is too much part of the banking infrastructure, but do they and their users want so much publicity for what, in global banking terms, is a pittance?

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