SWIFT Code, BIC Code, ISO 9362
SWIFT Code or BIC code are part of ISO 9362 standards. It is a standard format of Business Identifier Codes (“BIC”). BIC sometimes also refers to “Bank Identifier Code”.
SWIFT Code or BIC Code is a unique code to identify financial and non-financial institutions. These codes are mostly used when transferring money between banks, especially for international wire transfers or telegraphic transfer (“TT”). The codes are also used in exchanging messages between banks.
For individual users, SWIFT Code normally used to transmit money across the international border.
SWIFT Code for World’s Largest Economies
The following countries are the 24th largest economies based on Gross Domestic Product (“GDP”) as listed by the International Monetary Fund (“IMF”).
|United States||China||Japan||India||Germany||Russia||Brazil||United Kingdom|