FREE Bank Code Information Questions and Answers

Where can you find your BIC number?

Your credit card

Your bank statements, online banking account, or local branch

The BIC/SWIFT finder

The recipient's bank statements

Correct! Wrong!

Is there a fee for using BIC/SWIFT numbers?

No

Yes

Only for international transfers

Sometimes

Correct! Wrong!

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

11

9

8

12

Correct! Wrong!

In the United States, what is a bank code?

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

ABA code

The RTN

The number which follows the RTN

Correct! Wrong!

How many digits are in a bank code in Spain?

4

6

8

10

Correct! Wrong!

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

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

They are used to identify the correspondent banks.

They are used to identify the customer's bank.

They are used to identify the recipient's bank.

Correct! Wrong!

What does the 'BB' in an IBAN represent?

2-character country code

2-character location code

4-character bank code

3-character branch code

Correct! Wrong!

FREE Bank Code Information Questions and Answers

Where can you find your BIC number?

Is there a fee for using BIC/SWIFT numbers?

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

In the United States, what is a bank code?

How many digits are in a bank code in Spain?

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

What does the 'BB' in an IBAN represent?

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