Business identifier code: Difference between revisions
From ACT Wiki
Jump to navigationJump to search
imported>Michele Allman-Ward (Added Business Identifier Code and related links) |
imported>Michele Allman-Ward No edit summary |
||
Line 1: | Line 1: | ||
Business identifier code, also known as the BIC, was originally called the bank identifier code. SWIFT, in its role of ISO registration authority, issues BICs to financial and non-financial institutions connected to the SWIFT network | Business identifier code, also known as the BIC, was originally called the bank identifier code. SWIFT, in its role of ISO registration authority, issues BICs to financial and non-financial institutions connected to the SWIFT network. The BIC is used in financial transactions, client and counterparty data bases, compliance documents and many others. | ||
*[[Bank identifier code]] | *[[Bank identifier code]] | ||
*[[BIC]] | *[[BIC]] |
Revision as of 00:09, 18 October 2013
Business identifier code, also known as the BIC, was originally called the bank identifier code. SWIFT, in its role of ISO registration authority, issues BICs to financial and non-financial institutions connected to the SWIFT network. The BIC is used in financial transactions, client and counterparty data bases, compliance documents and many others.