Bank Code Information - Practice Test Geeks

They are used to transfer money from one place to another.

They are used to identify the recipient's bank.

They are used to identify the correspondent banks.

They are used to identify the customer's bank.

Correct! Wrong!

2-character location code

3-character branch code

4-character bank code

2-character country code

Correct! Wrong!

Your bank statements, online banking account, or local branch

The BIC/SWIFT finder

The recipient's bank statements

Your credit card

Correct! Wrong!

The RTN

A nine-digit number known as a routing transit number (RTN)

ABA code

The number which follows the RTN

Correct! Wrong!

Yes

Sometimes

Only for international transfers

Correct! Wrong!

Correct! Wrong!

Correct! Wrong!