Frequently Asked Questions

A SWIFT code (Society for Worldwide Interbank Financial Telecommunication) is a unique identification code for banks worldwide. It's used to identify specific banks during international financial transactions, ensuring money is sent to the correct financial institution.

SWIFT code and BIC (Bank Identifier Code) are essentially the same thing. BIC is the official term used in ISO standards, while SWIFT code refers to the messaging system that uses these codes. Both refer to the same 8 or 11-character bank identification codes.

SWIFT codes are either 8 or 11 characters long. The basic format is: BBBB CC LL XXX (8 characters) or BBBB CC LL XXX (11 characters with branch code). Where BBBB = Bank code, CC = Country code, LL = Location code, XXX = Branch code (optional).

Yes, SWIFT codes are case-sensitive. They should always be entered exactly as provided, with the correct uppercase and lowercase letters. Most systems will automatically convert to uppercase, but it's important to maintain accuracy.

You can find your bank's SWIFT code in several ways: 1) Check your bank statement or account documents, 2) Contact your bank directly, 3) Use our SWIFT code lookup tool, 4) Check your online banking portal, 5) Look for it on your bank's website.

When making an international wire transfer, you'll need to provide: 1) Recipient's bank SWIFT code, 2) Recipient's full name and account number, 3) Recipient's bank address, 4) Transfer amount and currency, 5) Purpose of transfer. Always double-check all details before sending.

Using an incorrect SWIFT code can result in: 1) Transfer delays or failures, 2) Money being sent to the wrong bank, 3) Additional fees for corrections, 4) Loss of funds (in rare cases). Always verify SWIFT codes before initiating transfers.

SWIFT transfers typically take 1-5 business days to complete, depending on: 1) Destination country, 2) Banks involved, 3) Transfer amount, 4) Time of day sent, 5) Currency conversion requirements. Same-currency transfers within Europe often complete faster.

Our database is updated daily with information from official banking sources and regulatory bodies. We maintain high accuracy standards with regular verification processes. However, banks occasionally change their codes, so we recommend verifying with your specific bank.

Yes, our basic SWIFT code lookup service is completely free. We also offer premium features like bulk lookups, API access, and advanced filtering for business users who need more comprehensive banking data.

We cover 200+ countries and territories worldwide, including all major financial centers. Our database includes over 50,000 banks and 100,000+ SWIFT codes. If you can't find a specific code, it might be a smaller bank or credit union not in the international system.

Yes, registered users can save frequently used SWIFT codes to their personal dashboard, create custom lists, and export data in various formats (CSV, Excel, PDF). This feature helps businesses manage their international banking relationships more efficiently.

Yes, our platform uses industry-standard security measures including SSL encryption, secure data centers, and regular security audits. We never store sensitive banking information and only display publicly available SWIFT codes from official sources.

No, we respect user privacy. We may collect anonymous usage statistics to improve our service, but we never share, sell, or distribute personal information. All data processing complies with GDPR and other privacy regulations.

Yes, all SWIFT codes in our database come from official sources including central banks, regulatory authorities, and official banking directories. We cross-reference multiple sources to ensure accuracy and regularly update our database.

If you discover an incorrect or outdated SWIFT code, please contact us immediately through our support channels. We investigate all reports and update our database within 24-48 hours. Your help ensures data accuracy for all users.

Some reasons include: 1) The bank might not participate in SWIFT network, 2) It could be a small local bank or credit union, 3) The bank might use a different identification system, 4) Recent mergers or rebranding. Try contacting the bank directly for their official codes.

Contact your bank immediately to: 1) Verify the correct SWIFT code, 2) Check if additional documentation is needed, 3) Confirm recipient account details, 4) Inquire about alternative transfer methods. Keep all transaction references for your records.

SWIFT codes are primarily designed for international transfers. For domestic transfers within the same country, you typically use local routing numbers, account numbers, or other domestic banking codes. SWIFT codes can sometimes work but are not optimized for domestic use.

SWIFT codes can become inactive due to: 1) Bank mergers or acquisitions, 2) Branch closures, 3) Regulatory changes. We update our database regularly, but for critical transactions, always verify with the bank directly or use our validation tool.