Society for Worldwide Interbank Financial Telecommunication(SWIFT) has defined standard format of Business Identifier Codes which is called as SWIFT code or BIC Code. It acts as a unique identification code for both financial and non-financial institutions. Swift code is used while transferring money between banks, particularly for international wire transfers, and also for the exchange of other messages between banks. SWIFT handles the registration of SWIFT codes across the world.
Disclaimer: Information posted on this site is only for reference.Please confirm this information with your bank before initiating any financial transaction. We are not liable for your loss due to any errors in our information.