If you have a bank account, you’ve probably heard of a routing number. But if you’re making international money transfers, you may have to use a SWIFT code. Read on to learn about SWIFT codes and ...

IFSCA has directed IFSC Banking Units to clearly include GIFT IFSC Banking Unit in their SWIFT BIC names to avoid misrouting of cross-border remittances. Compliance reporting is mandatory by June 30, ...

Understanding IBANs and SWIFT codes is essential for international payments. Here’s what they mean, when to use them, and how to find yours. Whether you're sending money abroad, receiving funds from ...

Adam Hayes, Ph.D., CFA, is a financial writer with 15+ years Wall Street experience as a derivatives trader. Besides his extensive derivative trading expertise, Adam is an expert in economics and ...

BRUSSELS - Swift has obtained the go-ahead from its board to extend the bank identifier code (BIC) to corporates and non-financial institutions, and has been engaged in several industry consultations ...

Julia Kagan is a financial/consumer journalist and former senior editor, personal finance, of Investopedia. Mira Norian / Investopedia A bank identification number (BIN) is the initial set of four to ...