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Frequently Asked Questions
What is a SWIFT Code?
The SWIFT code is a unique code that identifies a specific bank in international transactions. It is also known as the BIC code.
How does a SWIFT Code work?
The SWIFT code is used to facilitate international payments by identifying the receiving bank in the global banking system.
Why is the SWIFT Code important?
The SWIFT code ensures that international payments reach the correct bank quickly and efficiently, reducing errors and delays.
How to obtain a SWIFT Code?
You can obtain your bank’s SWIFT code by looking it up on their website or contacting their customer service.
Is the SWIFT Code the same as the IBAN?
No, the SWIFT code identifies a bank for international transactions, while the IBAN identifies a specific bank account.
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OREXBank.com is a powerful and reliable tool designed to help users quickly and accurately identify banking information using the SWIFT code. Whether you're a developer integrating payment solutions, a financial institution performing security checks, or an individual looking to verify transfer details, Swiftlist.io simplifies the process by providing instant access to essential data, such as issuing bank, country, location, and, in some cases, the specific branch.
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