business party identifier
The first element of the BIC, used to identify a business party in a country. The business party identifier consists of 8 contiguous characters. It is composed of the party prefix, the country code, and the party suffix. The business party identifier is assigned by the Registration Authority.
Related linksBusiness Identifier Code (www.swift.com)
Payment services and AML directives address regulatory challenges with third party providers
New academic research from the Swift Institute analyses the latest payments regulations, identifying gaps and consequences with recommendations to help clarify new policies.
DTCC and Swift named to provide CFTC Interim Compliant Identifier
Brussels, 25 July 2012 - The Depository Trust & Clearing Corporation (DTCC) and Swift announced today that they have been named by the Commodity Futures Trading Commission (CFTC) to provide the CFTC Interim Compliant Identifier (CICI) for legal entities involved in OTC derivatives trading.
DTCC and Swift Launch CFTC Interim Compliant Identifier (CICI) Utility
New York, August 21, 2012 ─ The Depository Trust & Clearing Corporation (DTCC) and Swift announced today that they have launched a Web portal at www.ciciutility.org to begin assigning CFTC Interim Compliant Identifiers (CICIs) after being designated by the U.S. Commodity Futures Trading Commission (CFTC) to do so.
Swift Adds BIC to LEI Directory to its SwiftRef Platform
New directory will enable easy mapping between Business Identifier Codes (BICs) and Legal Entity Identifiers (LEI)
Business Forum London 2018 wrap-up
The theme of ‘seizing the opportunity’ draws record registrations to Swift’s Business Forum London 2018. More than 1,300 UK business leaders and industry experts registered for the Swift Business Forum London.
Swift shares industry insights from annual Business Forum London event
Swift’s polling results identify securities settlement as an area to be most impacted by distributed ledger technology in the next five years
Global FX Payments company extolls the virtues of Swift Business Intelligence tools
Watch Banking Analytics supports businesses to give the edge
Swift Business Intelligence reaches another milestone
10 years of analysis and business expertise to the financial community
Swift expands Business Intelligence portfolio with Watch Insights
Brussels, 1 October 2012 - Swift, the financial messaging provider for more than 10,000 banking organisations, securities institutions and corporate customers in 212 countries and territories, announced today that it has launched ‘Watch Insights', a new set of pre-defined, yet dynamic and actionable dashboards as part of its Business Intelligence portfolio.
Swift to launch new business intelligence solution for securities markets
Sibos, Boston, 29 September 2014 - Swift announces today at Sibos the introduction of Watch for Securities, a new business intelligence solution that will help securities market participants to monitor and gain valuable business insights from their network traffic. The new Watch for Securities offering is expected to go live in Q1 2015 with an early adopter programme planned for the end of 2014.