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What are swift codes?

Updated: 10/24/2023
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12y ago

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Swift account is the standard format of Bank Identifier Codes approved by ISO 9362. These codes are generally used to transfer money between banks and particularly wire transfers for international purposes.

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12y ago
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6mo ago

Swift codes, also known as Bank Identifier Codes (BIC), are a unique identification code for banks worldwide. These codes are used to facilitate international wire transfers between banks by identifying the specific bank and branch involved in the transaction. Swift codes help ensure that the funds are transferred securely and efficiently across different countries.

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