11-character BIC
An 11-character BIC (optional element attached to 8-character BIC) that comprises the following components: party prefix, country code, party suffix, and branch identifier.
8-character BIC
A BIC that comprises the following components: party prefix, country code, and party suffix.
See also business party identifier.
additional BIC
An organisation may register several 8-character BICs, the additional BIC(s) is always linked to the primary BIC. The additional BIC may be connected to the Swift network or not and may be published or not published.
Swift selected by Payments Council to host national data platform for SEPA IBAN Only
London, 10 February 2015 – Swift announces that it has been selected by the UK’s Payments Council as the vendor for the country’s Single Euro Payments Area (SEPA) International Bank Account Number (IBAN) Only central infrastructure platform.
Swift delivers global reference data platform for SEPA IBAN Only in the UK
Payments UK commissions SwiftRef for national SEPA data collection and maintenance
Swift leverages its global reference data platform to serve local communities
Brussels, 10 February 2015 – Swift announces that it is making its global reference data platform available for national reference data collection and maintenance services, building on the foundations of its successful payments reference data platform, SwiftRef.
ISO 20022 in bytes: Better data means better payments
Welcome to the latest edition of ISO in bytes, providing a high-level overview of the most critical updates on the ISO 20022 adoption programme for cross-border payments and reporting.
Celebrating 2,000 corporate groups on Swift
Discover how Swift is now supporting over 100,000 legal entities with their bank connectivity
New ‘Change Request Forum’ will enhance the standards maintenance process
Swift introduces the standards ‘Change Request Forum’
What to expect from the SwiftRef team at Sibos 2018
Uncovering the power of reference data with SwiftRef
2019 changes to message standards will raise rates of automation in the FX industry
Find out what’s in store for November’s Swift’s Standards Release
Swift introduces Entity Plus Directory in response to regulatory reporting on counterparty transactions
New SwiftRef directory identifies entities and cross-references key identifiers to assist with regulatory reporting
Swift launches new reference data directory for financial institutions and corporates
Brussels, 24 April 2014 - Swift announces the launch of a new version of its Bankers World Online directory, an online query tool which has been significantly upgraded to provide more data coverage, a wider breadth of financial information (including data from Reuters, Dun & Bradstreet, and Moody's), and new intuitive features and functionalities. The service is part of the SwiftRef portfolio, an industry-wide platform for global payments reference data.