Bank Swift Code or Bank BIC Code Online Database by SwiftBIC
The easiest way to find bank swift codes
Bank SWIFT Code form of the Bank Identifier Codes (BIC) and serves as a unique identifier for
What is a SWIFT Code / BIC Code?
The Bank Identifier Code is a unique address which, in telecommunication messages,
identifies precisely the financial institutions involved in financial transactions.
What is SWIFTBIC.COM?SWIFTBIC.COM is a website dedicated to providing free BIC Codes / Swift Codes directory that can help you find any financial institution's Bank Identification Code. We provide alphabetical search by country as well as a keyword search which you can use to enter a bank's name and look up the information available in our database.
How can I benefit from your site?We have the largest and most accurate SWIFT Code / BIC Code database on the internet. Our website allows you to quickly find or verify a Bank Identification Code of any bank in the world. Wether you are trying to send or receive money via bank wire or you are processing payments online, our free service will guarantee your success.
The SWIFT Codes and Bank Identification Codes database is constantly updated to provide reliable and accurate directory for online businesses who need to verify or find out a Banks Identification Code. Bank Swift Code database is free and is updated by people like you who contribute Bank Swift Codes and help us update the site. Thank you for helping us build a better Bank Swift Code reference for the internet community.
SWIFT Codes – What Are They?In this technological age where information transfers at the speed of light, it is more important than ever for banking institutions to stay on top of their own activities and the activities of those they do business with. Whenever money is transferred between one or more banks (such as with an international funds transfer) using a bank wire transfer, the transfer is assigned an ISO 9362 (International Organization for Standardization), or "SWIFT code" that conveys important information about the transaction. This code allows banks to quickly lookup information about both financial and non financial institutions and is often considered synonymous with BIC, or bank identification code. These SWIFT codes will appear as an eight to eleven character string that identifies such information as the country and bank of origin.
SWIFT codes derive their name from the Society of Worldwide Interbank Financial Telecommunication, a central organization which assigns these codes to track wire transfers. This organization is recognized by every bank around the globe. As stated earlier, these are really no different from BIC codes because a BIC code will contain the very same information as the SWIFT code. SWIFT codes are essential for businesses who wish to do business with customers in foreign countries because they ensure a secure and painless transaction experience for all involved.
The coding metrics used in the generation of a SWIFT code are rather simplistic and become more and more intuitive the more you take note of them. These codes are either eight (when coming from the primary office) or eleven characters long and contain both digits and letters. The first four characters are reserved for the individual bank code from which the transfer originated and are always comprised of letters. The next two characters, again only ever letters, represent the ISO-assigned country code. After that comes two more characters which represent the location code and is comprised of number and letters. Finally, the last three digits are optional and are reserved for the individual branch code: when transferred from a primary office, these three characters will be represented with three X, or left out entirely.
Both banks and businesses are served well by learning more about bic code standards and by acclimating them into their transaction policies for a variety of reasons. Transferring money internationally can be a hassle for businesses and customers alike – being able to securely wire money means that the customers experience will be a positive one and will inspire continued patronage in the future. Understanding how SWIFT codes work and what they mean will also combat fraud – being able to ensure the veracity of a transaction is a powerful tool for any business.
SWIFT codes represent the standards to which all wire transfers, international or otherwise, are held to, and rightfully so. When it comes to money changing hands, banks and businesses want to know where every single dollar, euro, or yen came from and where it is going. With bic codes, these institutions can rest assured that their currency is securely in the right hands.
Benefits of bank swift codes- Online work has been growing in popularity because of its convenience and with the growth of the internet and telecommunications. To the individual, the bank codes are used to send and receive money from their online work.
The swift code can be found online from sites which are reliable and accurate. It is also easy to retrieve swift codes from such sites.
- For business companies, the codes are very useful especially if they are aiming for worldwide expansion. The codes will enable such companies to transact finances internationally in a smooth way. They can easily communicate directly to banks all over the world through these codes.
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- The Swift Code search brings security by supporting the newest SEPA standards and providing details on how to safely make payments to offshore and local companies.
- Our Swift/Bic code directory holds thousands of bank swift codes for credit or direct debit and deposit wire transactions worldwide.