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What is a Bank Identifier Code (BIC), SWIFT Code, SORT Code and BSB?

Bank Identifier Codes (BIC) is the unique identification code for a particular bank. These codes are used when transferring money between banks, particularly for international telegraphic transfers. There are different types of BIC format, for example Swift Code and SORT Code.

 

Example of BIC codes used in different countries include:

Remit Currency Destination Country Bank Identifier Codes (BIC) Used Length
AUD Australia BSB No 6
AUD Others SWIFT Code 8 to 11
CND Canada Transit Number 5
GBP United Kingdom SORT Code 6
GBP Others SWIFT Code 8 to 11
USD United States of America ABA Routing Transit Number 9
USD Others SWIFT Code 8 to 11
EUR All SWIFT Code 8 to 11
INR India IFSC Code 11
INR Others SWIFT Code 8 to 11
Others Others SWIFT Code 8 to 11

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