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A SWIFT code is used to identify banks and financial institutions globally. Find out more about when they're used and how to find a SWIFT code in this guide.
SWIFT works by assigning each member institution a unique ID code (a BIC number) that identifies the bank name and the country, city, and branch.
Do you need an IBAN, a SWIFT code or both for your international funds transfer? Learn how they work together, as well as the differences between them.
A routing transit number (RTN) is a unique nine-digit numerical code used to identify a physical bank, digital bank, or other financial institution.
The SWIFT network - which allows banks to process billions of dollars in transfers each day - is considered the backbone of international banking.