FREE Bank Code Information Questions and Answers

What does the 'BB' in an IBAN represent?

3-character branch code

2-character country code

4-character bank code

2-character location code

Correct! Wrong!

How many characters are in a BIC code for a bank that does not use a 3-character branch code?

12

8

9

11

Correct! Wrong!

Where can you find your BIC number?

The recipient's bank statements

Your credit card

The BIC/SWIFT finder

Your bank statements, online banking account, or local branch

Correct! Wrong!

Is there a fee for using BIC/SWIFT numbers?

Yes

No

Sometimes

Only for international transfers

Correct! Wrong!

How do BIC/SWIFT codes ensure that payments go to the right bank?

They are used to identify the correspondent banks.

They are used to identify the customer's bank.

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

They are used to identify the recipient's bank.

Correct! Wrong!

In the United States, what is a bank code?

ABA code

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

The RTN

The number which follows the RTN

Correct! Wrong!

How many digits are in a bank code in Spain?

8

10

4

6

Correct! Wrong!

FREE Bank Code Information Questions and Answers

What does the 'BB' in an IBAN represent?

How many characters are in a BIC code for a bank that does not use a 3-character branch code?

Where can you find your BIC number?

Is there a fee for using BIC/SWIFT numbers?

How do BIC/SWIFT codes ensure that payments go to the right bank?

In the United States, what is a bank code?

How many digits are in a bank code in Spain?

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