A SWIFT code is a code used to identify the country, bank and branch that an account is registered to. When you send money to an account overseas with us, you’ll need this code to ensure your money’s going to the right place. A SWIFT code is sometimes called a BIC (Bank Identifier Code) – but they’re exactly the same thing.
- What is a SWIFT code used for?
- What does a SWIFT code look like?
- How do I find a SWIFT code?
- Is BIC the same as SWIFT?
- Is a SWIFT code the same as an IBAN?
- Can I save money by sending with WorldRemit?
What is a SWIFT code used for?
When you are sending a bank transfer to family and friends in another country, we’ll ask you to supply a SWIFT code. It identifies the country, bank and branch that your respondent’s account is held in. Without it, your bank transfer may not get to the right destination.
What does a SWIFT code look like?
A SWIFT code is made of either 8 or 11 letters and numbers. They are arranged like this: AAAABBCCDDD
- AAAA: 4 character bank code
- BB: 2 character country code
- CC: 2 character location code
How do I find a SWIFT code?
If you’re sending a bank transfer to your family or friends, you’ll need the SWIFT code identifying their banks to complete your transfer. You and your respondents can find them in these simple ways:
Check bank statements
Banks often put their SWIFT codes on their paper statements. But, if your respondents don’t receive paper statements, they can log in to their bank account and view their statements there. Then they can supply you with the SWIFT code.
Check the bank’s website
Whether you’re looking for your own bank’s or someone’s else’s bank’s SWIFT code:
- Go to the bank’s website and see if it has the SWIFT code listed
- Check the bank’s FAQs, international payments or other related links
- Type ‘SWIFT code’ into the search box if the website has a search feature
How to find the Swift Code at:
There are several websites that help you find a bank's SWIFT code. Simply choose the country and then the name of the bank
Is BIC the same as SWIFT?
Yes. A BIC (Bank Identifier Code) is exactly the same as a SWIFT code. Both are made up of numbers and letters used to identify the country, bank and branch that an account is registered to. And so both provide vital information when sending a money transfer.
Is a SWIFT code the same as an IBAN?
No. Basically, they are used to identify different things. A SWIFT code is used to identify a specific bank during an international transaction. An IBAN (International Bank Account Number) identifies an individual account in the individual transaction. The IBAN is used in many countries around the world and is up to 34 characters long and includes both numbers and letters. Both the IBAN and SWIFT codes are important in the smooth running of international money transfers.
Can I save money by sending with WorldRemit?
Yes. With WorldRemit you can send money to 150 destinations, always at a very competitive, low cost and save money.
You can also be sure your money will arrive quickly and securely. And depending on the country you’re sending to, you have a choice of ways to send – bank transfer, cash pickup, mobile money and airtime top-up.
You can also use our app or website to make your transfer 24/7, 365 days a year.
And that’s not all:
Zero fees on your first money transfer
To get you started, there’ll be no fees to pay on your first money transfers with WorldRemit. You can send the money to your family and friends in any one of 150 destinations. Simply enter the promo code FREE when you come to pay.
Refer a friend
If you use WorldRemit to send money and you’re happy with our service, please don’t keep us to yourself. Refer your friends to us and you’ll each receive discounts on your next money transfer. That’s right! For every friend you refer to us, we’ll give you a discount code to use on your next online money transfer with us. And what’s more, your friends will enjoy a discount from us too!
All you need to do is make a note of your unique referral code (you’ll find this on your WorldRemit account) and share it with every friend you can find. Then ask them to sign up using your referral code.