It is not the only coding system for banks - individual countries also have their own sets of codes which are used to identify banks in national interbank business. These 'BIC12's are not part of the ISO standard, and are only relevant in the context of the messaging platform. The Swift numbers are valid worldwide. Today a client asked us for the Swift code so they could pay us. It is the unique identification code of a particular bank. The overlapping issue between ISO 9362 and ISO 13616 is discussed in the article International Bank Account Number (also called IBAN). ISO 9362 (also known as SWIFT-BIC, BIC code, SWIFT ID or SWIFT code) is a standard format of Bank Identifier Codes approved by the International Organization for Standardization (ISO). The BIC is required to be included in all messages between the banks using the Swift network.

CountryCityBank NameBranchSWIFT
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