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Bank a/c over the world are inter-linked through satellite provided by __________.

  • Bank a/c over the world are interlinked through satellite provided by SWIFT.
  • SWIFT (Society for Worldwide Interbank Financial Telecommunication) provides secure financial messaging services and interfaces for banks and financial institutions worldwide, allowing them to communicate and exchange information securely and reliably.
  • However, it's important to note that SWIFT does not provide satellite services for this purpose.
  • Instead, it uses a secure messaging network over the internet and private leased lines.