Swift Code also known as known as BIC Code is a unique identifier used to verify financial transactions such as a Bank Wire Transfer. The Bank Swift Code provides information about the bank and branch where an amount of money should be transferred between banks.
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ank swift code which is also referred to as the BIC code is a unique code that is used to recognize financial and non-financial institutions. The bank swift code comes with eight or eleven characters that throw light on details regarding the bank code, country code, location code, and the branch code. The first four letters of a eleven digit bank swift code is but the bank code, followed by another two digits that identifies the country code, as the next two letters help identify the location of the financial institution.
Search Bank Swift Code and BIC Code. SWIFT code is a standard format of Bank Identifier Codes (BIC) and it is unique identification code for a particular bank. Bank bic code is a standard format of Bank Identifier Codes (BIC) and it is unique identification code for a particular bank. These codes are used when transferring money and messages between banks.