Title: Few Ways to Get Your SWIFT Code
1Few Ways to Get Your SWIFT Code
- SWIFT code is a standard code of 8-11 characters
used by banks to transfer money overseas. While
sending payment overseas this code helps you to
identify the receiving bank or financial
institution. Below are a few tips on how to get a
SWIFT code without troubling yourself much - SWIFT code is a standard format of Bank
Identifier Codes and it is unique identification
code for a particular bank. Now you can find the
list of Bank Swift Code and BIC Code at
www.bankswiftcode.org.
2Always use an active SWIFT/BIC code. For example,
Germanys SWIFT/BIC code is AARBDE5W.The
beneficiarys bank will provide you the
appropriate SWIFT/BIC code. This will enable the
international money transfer to reach the
overseas account.You may also look for
SWIFT/Bank Identifier Codes on the SWIFT
website.However the best way to get your banks
SWIFT code is to contact your bank.Ask for the
SWIFT code and bank account number where you will
receive your incoming wire transfer.But if you
are supposed to receive your local currency, you
need not trouble yourself about incoming wire
transfer.The SWIFT organization also offers a
look up service.It is always recommended to
contact your bank directly to ensure proper
routing of your funds.