What Does Swift Code Mean In Banking. SWIFT CODE or BIC means a unique code assigned by SWIFT organisation/network to each bank subscribing to their services. A SWIFT code — sometimes also called a SWIFT number — is a standard format for Business These codes are used when transferring money between banks, in particular for international wire What does BIC mean?
To ensure correct details are used it can be helpful to know the SWIFT code of the beneficiary bank, (ie the bank you are sending money to), when completing your International Money Transfer in FastNet Classic.
A SWIFT code — sometimes also called a SWIFT number — is a standard format for Business These codes are used when transferring money between banks, in particular for international wire What does BIC mean?
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Definition of SWIFT code: Society for Worldwide Interbank Financial Telecommunication code. Consider using another bank account or opening. BIC means Bank Identification Code, or Bank Identifier Code.
