What is a SWIFT/BIC code, and how to I obtain one?
A SWIFT or Bank Identifier Code (BIC) code is the unique identification code of a particular bank and is a standard format code which is comprised of eight (8) or eleven (11) letters or numbers. For example, our SWIFT code is METWAU4B.
These codes are used when transferring money between banks for international transfers, as it indicates the bank to which a payment is to be sent. The SWIFT code can be a bank's general head office code, or relate to a bank's individual branch or department.
If you're looking for a SWIFT code for another bank, you can:
- conduct a search for your bank and include the word 'SWIFT' or ‘BIC’
- contact the payment recipient's bank who can provide the appropriate SWIFT code
- the SWIFT Online Directory.