Scientific supervisor: G. Ya. Glukha, Doctor of Economics, Associate Professor DNIPROPETROVSK 2015 MASTERS DEGREE RESEARCH: Researcher: 5th year student of International Economics Department Dmytro Lukianenko CONTENT The theoretical problem of using the international SWIFT system in the banking system, working principle and message types Analysis of using SWIFT system in PJSC CB "PrivatBank" Suggestions for improvement efficiency SWIFT system SECTION 1 SECTION 2 SECTION 3 Research of swift system in the commercial bank operations and ways of improving Review of SWIFT system in Cyprus branch PrivatBank Option of automatic improvement of banking system by R-style Research of swift system in the commercial bank operations and ways of improving Review of SWIFT system in Cyprus branch PrivatBank Option of automatic improvement of banking system by R-style The purpose of the research The object of the research The subject of the research SWIFT - Society for Worldwide Interbank Financial Telecommunications One of the most active operators of the SWIFT system in Ukraine is PJSC CB "PrivatBank. It has a lot of correspondent accounts in foreign banks which helps to make money transfers in the shortest terms and without any problems 1.Safety messaging 2.Absolute data privacy 3.Instant information sending PrivatBank as a SWIFT member have few advantages: 2014 Indicators Current accounts - number of transactions a) incoming SWIFT b) outgoing Swift Income from the Swift payments - income from the Swift payments $ USD USD USD - income from the Swift payments EUR EUR EUR Cyprus branch statistic R-style - The system is designed for the all-round banking automation, is a valuable instrument of conducting the business of banking, and enables a board spectrum of bank's business processes and financial instruments to be automated. Economic efficiency R-style Type of information processing Requests processing time By hand Automatically CONLUSION Using modern automation systems brings a lot of advantages to bank. Research of system R-style showed economic efficiency despite the expensive equipment as the payback period is 8 months by increasing the number of requests and the coefficient of efficiency capital expenditures 1.6.