Bank-codes.com Website Review

what is a swift code? a swift code (or bic code) is a unique code that identifies financial and non-financial institutions and is mainly used for international wire transfers between banks. thank you for visiting www.bank-codes.com. we have the complete online directory of all swift codes (also called bic codes) that are used internationally for monetary transactions (money transfers) across the globe. all our services are provided for free. swift codes are handled by the swift organization, and in particular from a division called “swift standards”. swift stands for “society for worldwide interbank financial telecommunication” and is a member-owned cooperative that is used by the financial world to conduct business operations. these codes were initially referred to as “swift codes” but were later standardized as bic which stands for “business identifier codes”. both terms are used today and mean exactly the same thing: a bic code is a unique alphanumeric identification code, consisting of combinations of letters and numbers, which is used to uniquely identify an institution's branch the swift code is usually required by web banking applications for money transfers between two different banks (that are members of the swift network). we are not only asked to provide the beneficiary’s bank account number (or iban account number) that we want to send money to, but we must also provide the exact bic code of the branch of the beneficiary’s bank. this site aims to simplify the process of finding this code. note: please read our disclaimer at the bottom of this page by clicking here before using any of the information found banks use swift for international transfers, but it's not the most efficient or cost-effective solution. when you receive or send a wire transfer internationally with your bank, you might get a bad exchange rate, and pay high hidden fees as a result. we recommend using a swift code consists of 11 or 8 characters, which is the standard format standardized by iso (international organization for