THE SOCIETY FOR WORLDWIDE INTERBANK FINANCIAL TELECOMMUNICATIONS (...

17. The Society for Worldwide Interbank Financial Telecommunications (SWIFT) ____. A. does not include Asian and Latin American banks B. has vastly increased the multiplicity of formats used by banks in different parts of the world * C. represents a common denominator in the international payment system and uses the latest communication technology D. causes banks to execute international payments more expensively E. is infrequently used