Few Ways to Get Your SWIFT Code PowerPoint PPT Presentation

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Title: Few Ways to Get Your SWIFT Code


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Few Ways to Get Your SWIFT Code
  • SWIFT code is a standard code of 8-11 characters
    used by banks to transfer money overseas. While
    sending payment overseas this code helps you to
    identify the receiving bank or financial
    institution. Below are a few tips on how to get a
    SWIFT code without troubling yourself much
  • SWIFT code is a standard format of Bank
    Identifier Codes and it is unique identification
    code for a particular bank. Now you can find the
    list of Bank Swift Code and BIC Code at
    www.bankswiftcode.org.

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Always use an active SWIFT/BIC code. For example,
Germanys SWIFT/BIC code is AARBDE5W.The
beneficiarys bank will provide you the
appropriate SWIFT/BIC code. This will enable the
international money transfer to reach the
overseas account.You may also look for
SWIFT/Bank Identifier Codes on the SWIFT
website.However the best way to get your banks
SWIFT code is to contact your bank.Ask for the
SWIFT code and bank account number where you will
receive your incoming wire transfer.But if you
are supposed to receive your local currency, you
need not trouble yourself about incoming wire
transfer.The SWIFT organization also offers a
look up service.It is always recommended to
contact your bank directly to ensure proper
routing of your funds.
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