Bank identifier code

Banking.

(BIC).

Formerly the internationally agreed ISO (International Organisation for Standardization) standard, a bank identifier code uniquely identified a bank’s address.

Renamed the Business identifier code and updated to give it a broader scope to include non-financial institutions.

Also known as a SWIFT address.

See also

• Business identifier code
• International bank account number (IBAN)
• Society for Worldwide Interbank Financial Telecommunications (SWIFT)