SWIFT Code
A SWIFT code is an 8 or 11-character code that uniquely identifies banks and financial institutions worldwide. Unlike routing numbers, these codes are used for international payments.
SWIFT codes are the same as BIC codes. The terms are used interchangeably. When sending money internationally, you'll need the recipient bank's SWIFT code along with the IBAN or account number to ensure the funds are routed correctly. Verify any SWIFT code with our free SWIFT code checker before sending an international transfer.
Related Terms
BIC
Bank Identifier Code
A BIC is an 8 or 11-character code that uniquely identifies a bank for international transactions. I...
SWIFT
Society for Worldwide Interbank Financial Telecommunication
SWIFT is a global messaging network that financial institutions use to securely transmit information...
IBAN
International Bank Account Number
An IBAN is a standardized international numbering system used to identify bank accounts across natio...
Wire Transfer
A wire transfer is an electronic transfer of funds between banks or financial institutions. Wire tra...
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