ISO 9362 (also known as SWIFT or BIC code) is a standard format of Bank Identifier Codes approved by the International Organization for Standardization. It is the unique identification code of a particular Bank.
It can be found on the Account Statements. It is necessary for sending money across foreign countries.
These codes are used when transferring money between banks, particularly international transfers.
The code is 8 or 11 characters, made up of:
* 4 characters - bank code
* 2 characters - ISO 3166-1 alpha-2 country code
* 2 characters - location code
* 3 characters - branch code, optional ( 'XXX' for primary office)
Where an 8 digit code is given, you may assume that it refers to the primary office.
The Society for Worldwide Interbank Financial Telecommunication (SWIFT) handles the registration of these codes. For this reason Bank Identifier Codes (BICs) are often called SWIFT addresses or codes.
There are over 7,500 "live" codes (for partners actively connected to the BIC network) and an estimated 10,000 additional BIC codes which can be used for manual transactions.
You cannot post new topics in this forum You cannot reply to topics in this forum You cannot edit your posts in this forum You cannot delete your posts in this forum You cannot vote in polls in this forum You cannot attach files in this forum You can download files in this forum
Global Announcement:
:
Jump to:
