SWIFT Code Calculator

A SWIFT code is an 8 or 11 character code that identifies the country, location, and branch of a particular bank. These codes are frequently used when sending money internationally.

BIC stands for Business Identifier Code and means the same thing as a SWIFT code. A BIC is used to identify a particular bank branch and is commonly used for international transfers.

SWIFT stands for Society for Worldwide Interbank Financial Telecommunication, a secure messaging system used by banks to communicate with one another. SWIFT codes are an important part of ensuring this system works efficiently worldwide. BIC stands for Business Identifier Code, which refers to the code that identifies the bank branch information needs to be communicated to.

There is no difference between BIC and SWIFT codes; the two terms are used interchangeably.

In the US, banks use SWIFT codes but they do not use IBANs. In the EuroZone, however, it’s likely that you’ll be asked for both the IBAN and SWIFT code for an international transfer. This is because the SWIFT code identifies the bank a transfer needs to be sent to, but an IBAN - International Bank Account Number - include information about the account sending or receiving funds.

SWIFT codes all follow the same format, arranged accordingly:

AAAABBCCDDD

AAAA: Bank code. These 4 letters usually look like a shortened version of the bank name.

BB: Country code. These two letters represent the country the bank is in.

CC: Location code. These two characters will indicate where the bank’s head office is located.

DDD: Branch code. The last three characters will indicate the specific branch of the bank.

BIC stands for Business Identifier Code and it is a term that can be interchangeably used with SWIFT codes. Both SWIFT and BIC are used to identify a specific financial institution during an overseas transfer. More about BICs here.

Finding the SWIFT code of a bank should be relatively easy. It can be found on your bank statements or displayed in your online banking account. If you are still struggling to locate it, contact your bank directly and a member of staff will be able to recite the bank’s SWIFT code to you. How do I find my SWIFT code?

This is a broad term that describes an alphanumeric code which can be used as an identifier during a domestic or international money transfer. There are different bank codes for different transactions and it is important to confirm the purpose before use. Read about the different types in our guide: What is a bank code?

It can be found on bank statements, via online banking or, if you are unsure about what constitutes a SWIFT code, by contacting your bank directly to confirm which information is required. Learn more about this, in our guide: What is a SWIFT code?

Although both bank codes, a SWIFT code and IFSC code are very different. SWIFT codes are used by the Society for Worldwide Interbank Financial Telecommunication while IFSC stands for Indian Financial System Code and is used in India only. Our guide – SWIFT Code vs IFSC Code – helps to explain the key differences.

BIC is an acronym for Business Identifier Code, which is a type of bank code used to identify a banking or financial institution. Interchangeable with SWIFT code, BICs convey vital information during international money transfers.

A BIC code is typically 8 – 11 characters: for example, in the UK, your BIC could appear as “AAAABBCCDDD”. If you want to locate your BIC, you will find it on bank statements, via online banking or enquiring with a member of staff. Learn all about BIC/SWIFT codes.

IBAN stands for International Bank Account Number, while SWIFT is an acronym for the Society of Worldwide Interbank Financial Telecommunications. Both IBAN and SWIFT are a type of bank code used to identify different financial institutions during international transactions. Although used to convey similar information they are in fact quite different. Our full guide on IBAN and SWIFT codes can be found here.

Many people assume that due to the similar functionality of these two bank codes, that a SWIFT code can be derived from an International Bank Account Number (IBAN). In actual fact, this is not possible. Find out more in our guide: How to find SWIFT code from IBAN.

SWIFT codes are universal identifiers used during international money transfers, whereas Routing Numbers identify banks and financial institutions in the US only. Iron out all the differences between SWIFT code and Routing Number, by reading our comparison guide.

SWIFT codes are used to securely communicate the details of an international money transfers, between banks and financial institutions, using the SWIFT network. Our helpful guide, all about how SWIFT payments work, can be found here.

The best way to verify a SWIFT code is by directly contacting the associated bank or financial institution. There are also numerous free SWIFT code checker tools online, but exercise caution when using these platforms, and be sure to verify the source.

A SWIFT code is made up of 8 to 11 characters which provide crucial details such as the address, branch number and destination country of the associated remittance. To learn more about the formatting of a SWIFT code, check out our SWIFT code guides.

A SWIFT code is used to convey information about a banking or financial institution during an international money transfer. Find out more in our guide, How do SWIFT payments work?

SWIFT codes are used to communicate messages from one bank account to another in a different country. You will be asked to provide a SWIFT code required for money transfers such as an international wire transfer or a SEPA payment.

SWIFT codes are issued by the Society for Worldwide Interbank Financial Telecommunication, whereas sort codes are issued by banks. We have written a guide all about the differences between Sort codes and SWIFT codes so our customers can decipher between the two.

SWIFT codes are used by over 200 countries around the world. However, it is still worth contacting your financial institution directly to find out about the SWIFT code associated with your bank. Find out all about How Do SWIFT Payments Work?

What do we mean by the top provider?The top provider is the money transfer service that we believe is the most suitable for the country you’re sending money to. In order to keep our service free we factor in the commercial agreements we have with partners into this ranking.

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