How do I find a SWIFT code?
Nowadays, sending money internationally is turning out to be easy and convenient. With the invention of Swift Code, the trust of people in banks or financial institutions has increased gradually. But many people still struggle to find the swift code. Therefore, we have outlined some key points to locate Swift Code.
- Contact Recipient’s Bank: To know the recipient’s bank swift code you can directly contact them and ask for their bank speedy code.
- Online Search: An alternative way to find the swift code is by searching on the internet. These days many banks showcase their quick code on their website. So just find the bank name on the internet and check the bank’s official website. For example, you can visit the SBI website SWIFT code page to know the branch-wise swift code of SBI.
- Swift Code Directories: A person can find the code by checking out the Swift Code directories available on the internet. But it requires some the information such as the bank name and its location.
- Ask Your Bank: People can reach out to their bank and ask them to provide the Swift Code to get money from the cross border.
BIC / SWIFT Code for Any Bank
BIC / SWIFT code for Bank: A SWIFT/BIC is an 8-11 character code that identifies your country, city, bank, and branch. Bank code A-Z 4 letters representing the bank. Swift Code works as a standard format for Business Identifier Code (BIC). As identifying specific signatures across borders is difficult, therefore, a standardized system is formed and incorporated by financial institutions known as Swift Code. The BIC / SWIFT code for Bank is used for the identification of banks and financial institutes globally.
It indicates the location and the place. It can be defined as an international bank code or a unique identification number. The swift code is used when there is a need for the transfer of money between banks globally. Banks use the Swift Codes to exchange messages; there is transparency in communication with the BIC / SWIFT code for any bank.
Table of Content
- What is Swift Code?
- How Does a Swift Code Work?
- Swift Code / BIC (Bank Identifier Code) Format
- Why is Swift Code Required for International Money Transfer?
- How do I find a SWIFT code?
- List of World Famous Banks with Swift Codes (Country Wise)
- Similarities and Difference between BIC & SWIFT
- Understanding Format of Swift/BIC Code with Examples
- SWIFT/ BIC Code – FAQs