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What are IBANs and SWIFT codes?

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  • 1 replies
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  • Author: Anonymous
  • Category: General
  • Date asked:
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    Nana A. Outreach Team Snco

    IBAN (International Bank Account Number) is a standardised account number used internationally to identify specific bank account. And, a SWIFT code or BIC is an 8-11 character code that identifies a specific bank during international transactions. Both are used to ensure secure and accurate cross-border payment. You can find both on your bank statement and if not get in touch with your bank account provider they will give you those information. I hope i answered your question.