What is a Bank Identifier Code (BIC)?

A BIC (sometimes referred to as SWIFT code) is a unique set of characters, being either 8 or 11 numbers and letters. This enables easy identification of financial institutions (e.g. banks) when carrying out international transactions.

BICs are created and managed by SWIFT(opens in a new window) (the Society for Worldwide Interbank Financial Telecommunications).

If you don't know your BIC, please follow these steps to find it.

A BIC is always used in conjunction with your IBAN (International Bank Account Number).