Swift Code Of Bank. A SWIFT Code is a standard format of Bank Identifier Code (BIC) used to specify a particular bank or branch. SWIFT Code or BIC Code is a unique code to identify financial and non-financial institutions.
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These codes are known as swift codes due to the organization that first introduced them (SWIFT - Society for Worldwide Interbank Financial Telecommunication) but were later standardized as BIC (Business Identifier Codes). Swift/BIC; Search by bank; Browse by country; Check a code; Money transfer Money transfer. SWIFT is specially used for international bank transactions.
Swift is a global provider of secure financial messaging services and this online BIC Search service is free for use on their website.
It's used to identify banks and financial institutions globally.
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A SWIFT code — sometimes also called a SWIFT number — is a standard format for Business Identifier Codes (BIC). Swift codes, or BIC codes as they are sometimes called, are used for International Wire Transfers. These codes are used when transferring money between banks, particularly for international wire transfers.