BIC

Bank Identifier Code

A BIC is an 8 or 11-character code that uniquely identifies a bank for international transactions. It's also known as a SWIFT code and is essential for routing international wire transfers.

The BIC consists of: bank code (4 letters), country code (2 letters), location code (2 characters), and optionally a branch code (3 characters). For example, 'CHASUS33' identifies JPMorgan Chase in New York. Use our free SWIFT/BIC checker to validate any code before initiating a transfer.

Related Terms

SWIFT Code

A SWIFT code is an 8 or 11-character code that uniquely identifies banks and financial institutions ...

IBAN

International Bank Account Number

An IBAN is a standardized international numbering system used to identify bank accounts across natio...

SWIFT

Society for Worldwide Interbank Financial Telecommunication

SWIFT is a global messaging network that financial institutions use to securely transmit information...

Wire Transfer

A wire transfer is an electronic transfer of funds between banks or financial institutions. Wire tra...

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