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What is a SWIFT Code # and what is it used for?

April 26, 2017code Swift Used

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What is a SWIFT Code # and what is it used for?

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The Society for Worldwide Interbank Financial Telecommunication (SWIFT) is an industry-owned co-operative supplying secure, standardized messaging services and interface software to nearly 8,100 financial institutions in 207 countries and territories. SWIFT members include banks, broker-dealers and investment managers. While not always required, a Swift Code number may be required by some banks for the completion of wire transfers.Our Bank, Bank of America’s SWIFT Code number is BOFAUS3N.

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SWIFT (Society for Worldwide Interbank Financial Telecommunication)SWIFT is an identification code for all legal banks in the world. It is needed for all International Wire Transfers.It is the method used to transfer funds electronically to banks outside of your country . Please allow up to1 working day for money to reach our nominated account and you should check with your nominated bank/building society how long it will take for the money to be transferred. There is a charge for using SWIFT.BOFAUS3N. [back to top]counter free hit unique webmail exportshopper Email: info@companyname.