Scallop officially joins the SWIFT network

News from the Scallop team

Scallop officially joins the SWIFT network

Scallop has reached a major milestone by officially joining the SWIFT network and obtaining its own Business Identifier Code. With this step, Scallop is now connected to the same global banking infrastructure used by more than 11,000 financial institutions across over 200 countries.

This achievement marks an important moment in Scallop’s mission to build a compliant, global financial platform that connects modern digital finance with established banking systems.

A connection to global banking infrastructure

SWIFT is the backbone of international financial messaging, enabling secure and standardized communication between banks and financial institutions worldwide. By joining this network, Scallop positions itself directly on established global banking rails while continuing to deliver a modern, digital first user experience.

Scallop is officially listed in the SWIFT network under Business Identifier Code (BIC) SCFHUS32XXX.

BIC registrations are maintained by SWIFT and available through official SWIFTRef services used by financial institutions worldwide.

This listing enables Scallop to operate within globally recognized banking infrastructure and supports future cross border financial operations in a structured and compliant manner.

Building a foundation for global finance

Scallop has established the groundwork for supporting multiple major fiat currencies and is preparing to serve users across more than 120 countries. Joining the SWIFT network represents a foundational step in this global rollout, ensuring alignment with international financial standards from day one.

By integrating with the same infrastructure relied upon by banks worldwide, Scallop strengthens its ability to deliver reliable, scalable and trusted financial services at global scale.

Positioning the broader ecosystem

With this milestone in place, the E Money ecosystem gains indirect, regulated access to the SWIFT network through Scallop. This positions $EMYC at the intersection of Web3 innovation and established global banking infrastructure, supported by regulated financial rails rather than isolated systems.

This structure reinforces a long term vision where digital assets and traditional finance operate together within compliant and scalable frameworks.

Banking beyond borders

Scallop’s vision is to remove friction from global finance while operating within established regulatory environments. Becoming part of the SWIFT network is not just an integration, it is a foundation for real world financial connectivity at global scale.

This milestone is about trust, scale and long term sustainability in a financial system that continues to evolve.

The Scallop App will be opening soon. Join the waitlist to be among the first to experience the next generation of global finance.https://www.scallopx.com/waitlist/

Learn more at https://www.scallopx.com