Click here if you are looking for IFSC codes, Sending money via your bank can be expensive because of markups they add to the exchange rate. Moves your money as fast as the banks, and often faster – some currencies go through in minutes. You may want to consider alternatives like.
If it is equal to "2", then it typically denotes a “reverse billing” BIC, meaning that the recipient of the message has to pay for the message. Click here if you are looking for IFSC codes, Sending money via your bank can be expensive because of markups they add to the exchange rate. Moves your money as fast as the banks, and often faster – some currencies go through in minutes. You may want to consider alternatives like.
if the second character is "2", then it typically indicates a reverse billing BIC, where the recipient pays for the message as opposed to the more usual mode whereby the sender pays for the message. Gives you a great exchange rate and a low, upfront fee every time. For international wire transfers, swift codes are always required in order to make transactions secure and fast. They are used by the swift network to transmit wire transfers (money transactions) and messages between them. If you’re not sure about any of the swift code details you’re using, get in touch with the bank or financial institution in question. Section 2 (5th and 6th characters “BB”): This two-letter code represents the country of this particular institution’s branch and follows the ISO 3166-1 alpha-2 standard for representing country codes. Section 2 (5th and 6th characters “BB”): This two-letter code represents the country of this particular institution’s branch and follows the ISO 3166-1 alpha-2 standard for representing country codes. The Country Code for this is GB. A SWIFT code is a set of 8 or 11 digits that uniquely identify a bank branch. A SWIFT code (or BIC code) is a unique code that identifies financial and non-financial institutions and is mainly used for international wire transfers between banks. Let's take this imaginary 11-character swift code: Section 1 (the first 4-characters “AAAA”): This code is used to identify the institution’s global presence (all branches and all divisions around the world). When you send or receive an international wire with your bank, you might lose money on a bad exchange rate. In this page you will find detailed information about the swift code “BARCGB2105B” of “BARCLAYS BANK PLC” for the branch named: “(PARK ROW - BRANCH ONE)”. The codes can sometimes be found on account statements. If you purchase a product or service linked from this site, we may receive an "affiliate commission". Since this swift code belongs to a primary office of the bank, it can have an optional branch code "___". Amazon and the Amazon logo are trademarks of Amazon.com, Inc. or its affiliates. The owner of this website is a participant in the Amazon Services LLC Associates Program, an affiliate advertising program designed to provide a means for sites to earn advertising fees by advertising and linking to amazon.com. IBANs don’t replace sort codes or account numbers. TransferWise uses the real exchange rate to help expats, foreign students, businesses, freelancers and people living international lives to send, receive, and spend money — securely, conveniently, and at a very low cost. SWIFT code (8 characters) BARCGB21 Click to copy it: BIC Code analysis 8-letter swift code: BARCGB21 Branch code: 0DF Institution's 4-letter code: BARC Country code: GB Location code: 21 Participant status: 1 (passive participant in the SWIFT network) Not all bank branches have a SWIFT code. 3 letters or digits: branch code, optional (, Hold and manage your money in 50+ currencies, Get paid in multiple currencies (EUR, USD, GBP, AUD, NZD, PLN), without any fees. A “BIC code” can be seen by many different names, like “SWIFT code” (most common), “SWIFT ID”, “SWIFT-BIC”, “SWIFT address”, “BEI” (that comes from “Business Entity Identifier”), or even “ISO 9362”, which is the standard format that has been approved by the ISO organization. For example, “US” for “UNITED STATES”, “GB” for “UNITED KINGDOM”, CA for “CANADA”, etc. and also the second character (8th in the B.I.C.) These codes are used when transferring money between banks, for international wire transfers or SEPA payments. stands for “Bank Identifier Codes” (“bank” instead of “business”) but that is incorrect since non-financial institutions can also join the swift network. We are disclosing this in accordance with the Federal Trade Commission's 16 CFR, Part 255: "Guides Concerning the Use of Endorsements and Testimonials in Advertising" and also in accordance to amazon associates programme operating agreement. stands for “Bank Identifier Codes” (“bank” instead of “business”) but that is incorrect since non-financial institutions can also join the swift network. You can search for an institution’s detailed data by entity name, BIC, or even specific keywords that narrow the search results even more. For example, “CHAS” is used for “JPMORGAN CHASE BANK”.