Hello everyone, in this post, we are going to tell you What is Swift BIC Code and how to find Bank Swift Code, where is it useful and how to find out SWIFT code of any bank branch. If you want to receive money from abroad, then you should know the SWIFT code of your bank. For detailed information about Swift code, read the complete article.
What is Bank Swift BIC Code?
The full name of SWIFT BIC is Swift Business Identifier Code. This code is used to transfer or receive international money. Swift Code is an alphanumeric code that includes information about its bank code, country code, branch location. Just as we should know the IFSC code of that bank branch for fund transfer to any bank within India. Similarly, if you want to do an international money transfer, then you should know the swift code of that bank branch.
- CBIN – Bank Code
- IN – Country Code
- BR – Location Code
- 391 – Branch Code
If you do any such work like – blogging, youtube, freelancing or any business in which you get payment from abroad, then to receive this payment directly in your bank account, you have to give all the details of your bank account to that company like – bank name Along with the bank account number and IFSC code, the Swift BIC Code of that bank branch will also have to be given. Without giving the information of SWIFT code, you will not be able to receive money from abroad in your bank account.
How to find SWIFT code of any bank branch?
You know what is Swift code, now let us tell you how to find SWIFT code of any bank branch. There are many sites available on the Internet to find out SWIFT codes, one of the popular sites is ifscswiftcodes.com.
First of all, you visit https://www.ifscswiftcodes.com/Bank-SWIFT-Codes/ site and select India in the country. Now select the name of the bank in which you have an account. After this select your city and finally select your bank branch, if your branch code is not there, then you should select another branch near it.
After selecting all the things, along with all the details of that bank branch, its Swift code will also be known.
Many people whose bank account is in a distant village or town cannot get the SWIFT code of that bank branch. In such a situation, you do not need to worry, in such a situation you can use the second nearest branch of your bank which has SWIFT code.
If you are facing a problem in finding SWIFT code online then you can also find out your SWIFT code by calling customer care of your bank or by visiting bank branch.
So, friends, this was the information, what is bank swift code and what is its use, hope this information must have been useful to you.