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.
Messaging and Standards
Secure, seamless financial communication – learn about Swift’s messaging services
ISO 20022 in bytes for payments: Focus on instruction messages for November 2025
With 18 months to go until the end of the coexistence period, the daily average number of CBPR+ messages exchanged now exceeds one million.
With steady progress continuing, at its March 2024 meeting, the Swift Board re-confirmed the community’s commitment to November 2025 as the end of the MT/ISO 20022 cross-border coexistence period, emphasising that priority should be given to instruction messages to ensure operational continuity and ongoing interoperability.
ISO 20022 in bytes: The voice of the German community, Swift platform connectivity guidance and more
Welcome to the 4th edition of ISO 20022 in bytes. In this edition we’ve got a deep dive into how the German community is fostering harmonisation and interoperability of payments with CBPR+, by actively engaging in domestic and global working groups.
Despite the unprecedented times we’re living through, the mobilisation of the Swift community to prepare for the adoption of CBPR+ (and HVPS+ for domestic payment systems) has been remarkable, with more than 60% having started their ISO learning or…
Innovate or lose out - In Conversation with André Casterman, Swift
Swift recently hosted its annual "Swift for Corporates" User Conference in London.
Join the payment innovation leaders
Swift GPI brings together banks worldwide who want to offer an enhanced cross-border payments experience to their customers, build their corporate client base and save on payment enquiry costs.
Benelux Forum 2018
The Swift Benelux Forum 2018 took place at Swift’s headquarters in La Hulpe on 8 & 9 May.