A SWIFT code is used to identify banks and financial institutions globally. Find out more about when they're used and how to find a SWIFT code in this guide.

SWIFT or BIC codes identify individual banks during international money transfers to ensure the security of the transaction. ... For example, Barclays’ BIC code is BUKBGB22. ...

The BIC may also use the terms SWIFT code, SWIFT ID, or ISO 9362 code. To understand how the code is assigned, let’s look at the Italian bank UniCredit Banca, headquartered in Milan. It has the ...

Here’s what you need to know about IBAN numbers and SWIFT codes. ... A SWIFT BIC is made up of eight to 11 alphanumeric characters, consisting of: A four-letter bank code; A two-letter country code; ...

IBAN vs. SWIFT Code: An Overview . There are two internationally recognized, standardized methods of identifying bank accounts when a bank transfer is being made from one country to another: an ...