To find a SWIFT code, you can:
- Check Bank Statements: Many banks include their SWIFT code on statements.
- Visit the Bank’s Website: Look for SWIFT code information under sections related to international transfers.
- Contact Customer Support: Contact the bank or financial platform for assistance.
- Search Online: Check codes and use trusted directories or the official SWIFT website.
Typically, account holders need to share their SWIFT code to receive international money transfers.
SWIFT Code vs. IBAN
While a SWIFT code identifies the financial institution, an International Bank Account Number (IBAN) identifies the specific account within that institution. Both are commonly required for international transactions, along with the recipient’s name and contact information.
- SWIFT Code: Identifies the bank or institution (e.g., PPALUS66XXX).
- IBAN: Pinpoints an individual account commonly used in Europe, the Middle East, and North Africa.
Banks use alternative identifiers like ABA routing numbers instead of IBANs in regions like the U.S., Canada, and Australia.
How Do I Find My Bank’s SWIFT Code?
There are several ways to locate your bank’s SWIFT code:
- Bank’s Website:
- Most banks list their SWIFT codes on their official websites, often in the FAQ or contact section.
- Look for “International Transfers” or “SWIFT/BIC Code” details.
- Bank Statement:
- Check your printed or electronic bank statement, where the SWIFT code is typically listed with account details.
- Contact Your Bank:
- Call your bank’s customer service or visit a branch to ask for their SWIFT code.
- SWIFT Online Directories:
- Use online SWIFT code directories, such as the official website, to search for your bank’s code.
- Mobile or Online Banking Apps:
- Many banks provide SWIFT code information within their mobile or online banking platforms.