How to Find and Use BIC/SWIFT Codes for Bank Transfers

Sending or receiving a money transfer using your bank account? You’ll need a SWIFT/BIC code for international bank transfers to and from the United States.

Bank transfers

What is a SWIFT/BIC code?

A SWIFT code, also called a SWIFT number, is used to identify banks and financial institutions worldwide. The term Business Identifier Code (BIC) is used interchangeably with SWIFT code and means the same thing. These codes facilitate money transfers between banks and are needed for international wires and SEPA payments. To make an international money transfer from the United States, you’ll need a SWIFT/BIC code.

How is a SWIFT/BIC code formatted?

A SWIFT/BIC code consists of 8-11 characters and follows a format that identifies your bank, country, location, and branch.

Swift code example

1 – Bank code (4 letters)
The first four letters represent the bank and usually look like an abbreviated version of the bank name.

2 – Country code (2 letters)
These two letters indicate the country where the bank is located.

3 – Location code (2 letters or numbers)
These two characters designate the location of the bank’s main office.

4 – Branch code (3 digits)
These 3 digits identify a specific branch. ‘XXX’ is used for a bank’s head office.

How do I know if I need a SWIFT/BIC code?

 

Different countries require various codes to conduct money transfers. When you transfer money between banks, to a bank account across international lines, or for SEPA payments, you’ll almost always need a SWIFT/BIC code .Countries that may require a SWIFT/BIC code to send money include:

Denmark
Ghana
Japan
Latvia
Malaysia
Russia
Sweden
Switzerland
UAE

Need more information? Find the bank transfer details you need to send money easily.

Start sending money today

Sign up now
Quick and easy sign up

It’s easy to sign up and start transferring money to a bank account today.

Pay the way you like

Pay using your bank account, credit*/debit card or cash

Track your transfer

You can easily track your transfer online or via our app.

Convenient locations

Send money from a Western Union agent location to your receiver’s bank account.

Sign up now

Where can I find a
SWIFT/BIC code?

You can find a SWIFT/BIC code by looking at your bank statement, referring to your bank’s website, or by searching for it online.

Frequently asked questions about SWIFT/BIC codes

What is a SWIFT code?

A SWIFT (Society for Worldwide Interbank Financial Telecommunications) code is an 8-11 character long, standard format code that identifies banks and financial institutions worldwide. Also called a SWIFT number, this code facilitates the transfer of money between banks and is needed for both international wires and SEPA payments.

What is a BIC code?

BIC stands for Bank Identifier Code. It is an 8 to 11-character code that identifies banks globally. BIC codes are used to send money between banks to ensure money is directed to the right place.

What’s the difference between SWIFT and BIC codes?

SWIFT and BIC codes mean the same thing and the terms are used interchangeably. Both SWIFT and BIC codes identify banks and financial institutions and are used for money transfers.

Are SWIFT codes and an IBAN the same thing?

SWIFT codes and an IBAN are not the same thing but serve a similar purpose. Both SWIFT codes and IBAN’s are used during international transactions, however, a SWIFT code identifies the location of a specific bank while an IBAN (International Bank Account Number) identifies the individual account.

Do you need a SWIFT code for international money transfers?

Yes, you will need a SWIFT code to make an international money transfer. This code helps ensure your money transfer arrives at the intended location.

How are SEPA and SWIFT/BIC codes connected?

SEPA (Single Europe Payments Area) allows you to transfer euros within the European community. You will usually be prompted to provide a SWIFT code when you send or receive money internationally with SEPA. While SWIFT transfers can be placed using various currencies, SEPA payments only transfer euros.

Is a SWIFT code the same for all branches?

This varies by bank. Some banks use the same SWIFT code for all their branches while other banks designate a unique SWIFT code for each branch. If you are unsure of which code to use, you can typically use the bank’s head office SWIFT code to send money.

Still have a question or need help?

Have a question about how to send money? Contact our Customer Care team or visit our FAQ page for more information.

FAQ

*If you’re using a credit card, a card-issuer cash advance fee and associated interest charges may apply. To avoid these fees or for reduced fees, use a debit card or check