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What is a Bank Identifier Code (BIC), SWIFT Code, SORT Code and BSB?

Bank Identifier Codes (BIC) is the unique identification code for a particular bank. These codes are used when transferring money between banks, particularly for international telegraphic transfers. There are different types of BIC formats, for example, Swift Code and SORT Code.

Example of BIC codes used in different countries include:

Remit Currency

Destination Country

Bank Identifier Codes (BIC) Used

Length

AUD

Australia

BSB No

6

AUD

Others

SWIFT Code

8 to 11

CND

Canada

Transit Number

5

GBP

United Kingdom

SORT Code

6

GBP

Others

SWIFT Code

8 to 11

USD

United States of America

ABA Routing Transit Number

9

USD

Others

SWIFT Code

8 to 11

EUR

All

SWIFT Code

8 to 11

INR

India

IFSC Code

11

INR

Others

SWIFT Code

8 to 11

Others

Others

SWIFT Code

8 to 11

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