A Business Identifier Code (BIC) is a standardized 8 or 11 character code defined by ISO 9362 used to uniquely identify financial and non-financial institutions globally. BICs are primarily processed by the SWIFT network to route cross-border payment instructions, letters of credit, and treasury messages safely between correspondent banks.
Aliases: SWIFT code, SWIFT-BIC, Bank Identifier Code
The Society for Worldwide Interbank Financial Telecommunication (SWIFT) is a member-owned cooperative that provides the ...
ISO 9362 is the international standard governing the formatting and structural validation rules of Business Identifier C...
A BIC8 is the 8-character variant of a SWIFT/BIC code that identifies the primary headquarters or central office of a fi...
A BIC11 is the 11-character variant of a SWIFT/BIC code that identifies a specific branch, division, or logical terminal...