Swift Code – UAE
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