Where to find your Bank's SWIFT Code?

For a domestic interbank transaction, we need to know the ABA Routing Number and Account Number of the Receiver. It helps the Sender’s Financial Institution to locate the Receiver’s bank branch. But, when it comes to making cross-border transactions. Things aren’t the same. We need additional data about the Receiver’s bank. And, that is its SWIFT Code.

In most cases, International Wire Transfers happen over a SWIFT Network. SWIFT is a global payment messaging system, which helps financial institutions settle cross-border transactions.

It is important to identify the Receiver’s bank. And, it can be done through SWIFT or BIC code. Both terms imply the same. BIC stands for Bank Identifier Code. It is an 8 or 11-digit number.

What does SWIFT Code represent:

Bank Code (First 4 letters): financial institution,

Country Code (2): the country where the receiver’s bank is located,

Location Code (2): they show the banks’ head office,

And, Branch Code (Last 3 letters): for the receiver’s bank branch.

Where to find your Bank’s SWIFT Code

The information SWIFT Code contains is sensitive. And, providing an incorrect code for making a transfer would bring unnecessary trouble. So, the best way is to check the Bank’s official website.

Apart from that, you can get a SWIFT code on the financial statements provided by the bank. If you still can’t find it then contact Bank’s Customer Service.

We won’t advise you to look for solutions online that come from untrusted sources. In some cases, banks could have made changes and the same may not reflect on the unofficial websites online.

Making an International Wire Transfer isn’t free. The charges aren’t the same for all the banks. They differ. But, still, we have to pay.

In conclusion, if you want to get information about the Bank’s SWIFT Code, then it is better to get that through official/reliable sources. Looking up the SWIFT Code online randomly is something we won’t suggest.

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