What is a Swift/BIC code?
US dollars, Pounds Sterling & Euro
A SWIFT code is a code that identifies a bank branch for international funds transfers. It is also referred to as BIC (Bank Identifier Code).
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What is a Swift/BIC code?
A SWIFT code is a code that identifies a bank branch for international funds transfers. It is also referred to as BIC (Bank Identifier Code).
What does a SWIFT/BIC code look like?
A SWIFT/BIC code has 8 or 11 characters arranged in the order AAAABBCCDDD:
- The first 4 characters are letters that identify the bank
- The next 2 characters are letters that indicate the country the bank is in
- The next 2 characters can be letters or numbers and identify the bank’s head office
- The last 3 characters are optional and indicate a specific branch
Where can I find a SWIFT/BIC code?
If you are sending funds, ask the recipient to provide account details from their bank, including the required SWIFT/BIC code or IBAN. If you are receiving funds:
- Login to the Xapo Bank app
- Select the Wallet tab
- Select your US Dollars account
- Click on Receive, then select the country you want to receive funds from
The account details that are unique to you will be displayed on the screen, including appropriate codes.
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