What are the IBAN, BIC and SWIFT codes?

IBAN stands for International Bank Account Number, which you can use when performing international payments.


BIC (Bank Identifier Code) identifies the bank quickly and easily.

SWIFT code (or SWIFTBIC) is a code that helps overseas banks identify which bank to send the money to. 

The SWIFT code contains from 8 up to 11 characters. The first 4 indicate the name of the bank, the next 2 the international country code and the last 2 the city code. If it is an 11 characters code, the last 3 indicate a specific subsidiary of the bank.

Was this article helpful?
67 out of 106 found this helpful

Articles in this section