When is a SWIFT code needed?

A SWIFT code generally denotes an international bank code that simply identifies particular banks worldwide. It is also known as a Bank Identifier Code (BIC).  Usually, CommBank uses SWIFT codes to send or wire money to overseas banks. This code comprises of 8 to 11 characters.  To give you better perspective CommBank’s Swift code is…

By jitinkumar May 22, 2018 0