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Encyclopedia > Bank Identifier Code

ISO 9362 is a standard list of Bank Identifier Codes approved by the International Organization for Standardization.


These codes are used when transfering money to a bank account in another country.



The code is 8 or 11 digits, made up of:


4 characters _ bank code


2 characters _ ISO country code


2 characters _ location code


3 characters _ branch code, optional ( 'XXX' for primary office)



Where an 8 digit code is given, you may assume that it refers to the primary office.


The Society for Worldwide International Financial Transactions (SWIFT) handles the registration of these codes.


See also:



  Results from FactBites:
 
SWIFT - BIC Portal (1006 words)
The country code identifies the country in which the financial institution is located.
MAR identifies the banque BNP-Paribas branch in Marseille, a city in the South of France.
Branch codes: A three-character code used in a bank identifier code to identify a specific branch or department of an institution in the financial services industry.
ISO 9362 - Wikipedia, the free encyclopedia (273 words)
ISO 9362 (also known as SWIFT or BIC code) is a standard format of Bank Identifier Codes approved by the International Organization for Standardization.
There are over 7,500 "live" codes (for partners actively connected to the BIC network) and an estimated 10,000 additional BIC codes which can be used for manual transactions.
As an example, Deutsche Bank is an international bank; its head office is based in Frankfurt, Germany.
  More results at FactBites »


 
 

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