SWIFT uses an eight- and eleven-letter bank identifier code (BIC), based on ISO (International Standards Organization) standard 9362 to identify a bank.

Name: SWIFT uses an eight- and eleven-letter bank identifier code (BIC), based on ISO (International Standards Organization) standard 9362 to identify a bank.
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The SWIFT system uses an eight- or eleven-character Bank Identifier Code (BIC), conforming to ISO 9362, to identify banks and financial institutions globally.

SWIFT Uses an Eight- and Eleven-Letter Bank Identifier Code (BIC)