SWIFT-BIC

The abbreviation SWIFT-BIC stands for Society for Worldwide Interbank Financial Telecommunication - Business Identifier Code (formerly Bank Identifier Code).

The code is used to securely identify a lending institution, broker or other financial services provider on the receiving end of a payment, such as a deposit made using a deposit slip.

For example, the SWIFT-BIC of UBS is: UBSWCHZH80A

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