A SWIFT code, also known as a Bank Identifier Code (BIC), is a standard format used to specify a particular bank or branch in international transactions.
SWIFT codes typically consist of 8 or 11 characters. All 11-digit codes refer to specific branches, while 8-digit codes (or those ending in 'XXX') refer to the head or primary office of the bank.
You can find the SWIFT code mentioned in your account statement. Alternatively, you can use an online SWIFT code finder tool before transferring money overseas.
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