In an increasingly globalized world, sending money across borders has become more common than ever, whether you're paying for tuition overseas, doing business with international partners, or sending support to family abroad. Behind these seamless cross-border transactions lies a powerful but often misunderstood system: the SWIFT network, and the critical role of SWIFT (or BIC) codes.
At BankSwiftBicCodes.com, we specialize in helping you find accurate SWIFT codes quickly and reliably and in this guide, we’ll dive deep into what SWIFT codes are, why they matter, and how you can use our site to make your international transfers safer, faster, and more efficient.
A SWIFT code (sometimes also called a BIC code, short for Bank Identifier Code) is a standardized identifier used in international banking to ensure money is routed to the correct bank and branch.
These codes follow the ISO 9362 standard and are typically 8 or 11 characters long, structured as:
When the branch code is omitted, the 8-character SWIFT code typically refers to the bank’s main office.
SWIFT codes are the backbone of secure cross-border financial communication. Here’s why they matter:
A typical SWIFT-based international transfer follows these steps:
BankSwiftBicCodes.com offers tools to help you find the exact SWIFT/BIC code you need for a successful international transfer:
While SWIFT is the global standard, some alternatives exist:
SWIFT codes are essential for identifying banks and ensuring safe, accurate international transfers. Understanding how they work and double checking them with a trusted resource helps you avoid delays, errors, and unnecessary fees.
BankSwiftBicCodes.com provides an up-to-date, reliable directory of SWIFT codes to help make your global transactions faster and more secure. Whether you’re transferring money for education, business, or personal needs, using a trusted SWIFT code directory is one of the smartest steps you can take.
www.bankswiftbiccodes.com is experienced over 12 years in Banking and Financial Institution Codes and procedures. Here, you can find the bank SWIFT Codes / BIC Codes by clicking the respective country and bank name. We have thousands of bank records to serve users with latest information. We also urge you to check with the concerned bank for the correctness of SWIFT / BIC codes.
SWIFT Code / BIC Code is a Business Identifier code, approved by International Organization for Standardization body (ISO), which is a unique alpha numeric code used by financial and non financial institutions to carry out several business transactions. The SWIFT code stands for the Society for Worldwide Interbank Financial Telecommunication. When the SWIFT code is assigned to a non-financial organization or institution, the code may also be known as a Business Entity Identifier or shortly BEI. These codes are very much required or used when performing the money transaction between banks or financial institutions. These codes are plays important identification role during international wire transfers, communication of messages between the international banks or financial institutions. If you notice, these codes are often found in our bank / account statements.
Mostly the SWIFT code consists of 8 to 11 alpha numeric characters, the first four characters are meant for bank code Alphabets, which denotes the relevant bank code. the next 2 character denotes the country code ( the country code is standardized through ISO-3166 standard by ISO body), then next 2 characters denotes the location, which may be the alpha numeric number. Some times location codes are restricted to one. The last three characters are allocated to branch code, which may be "XXX" for the primary bank head offices.
The SWIFT codes can be registered in Society for Worldwide Interbank Financial Telecommunication (called SWIFT), situated in La Hulpe, Belgium. The organization has registered SWIFT as a trademark.
We must note that, there are 10,000 bank SWIFT codes are being used and its in active status. Apart from the same another 10,000 SWIFT-Bic codes are available,
which is used in manual fund transfer / international wire transfers. These additional codes are mainly used by passive customers / participants.
Wire transfer is the safest, fastest and easiest way of fund transfer in the world. In order to perform international wire transfer, you must know the folowing steps in details. please go through the quick steps given below..
Please check with your bank about the wire transfer facility, few localized banks doesn't have the international wire transfer sending / receiving facility. Also inquire about the wire transfer charges for sending or receiving the funds from overseas.
Get the correct Bank SWIFT Codes / BIC codes from the bank. You need to submit the SWIFT Code / BIC Code informational along with your account details and bank address.
If you are sending money, please visit your bank, request for wire transfer application form and fill the receiver information along with the account name, country , SWIFT Code / BIC code, currency name, etc,.
Pay the amount for the transfer along with commission ( vary between banks normally from $20 to 60$ / transaction) and get the transaction number for follow up.
Generally the process would take place 5 to 7 business days before the fund get transfered to the receiver account. If someone makes frequent wire transfers, then they can receive bank Personal Identification Number (PIN code) code, so that they can make transfers over the Internet or telephone. The Wire transfer facility is available for following countries and SWIFT Code / BIC codes are also available.