FREE Bank Code Information Questions and Answers

How many digits are in a bank code in Spain?

6

4

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 recipient's bank.

They are used to identify the correspondent banks.

They are used to identify the customer's bank.

Correct! Wrong!

Is there a fee for using BIC/SWIFT numbers?

Sometimes

Only for international transfers

Yes

No

Correct! Wrong!

In the United States, what is a bank code?

The RTN

ABA code

The number which follows the RTN

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

Correct! Wrong!

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

8

11

12

9

Correct! Wrong!

What does the 'BB' in an IBAN represent?

3-character branch code

2-character location code

4-character bank code

2-character country code

Correct! Wrong!

Where can you find your BIC number?

Your credit card

The BIC/SWIFT finder

The recipient's bank statements

Your bank statements, online banking account, or local branch

Correct! Wrong!

FREE Bank Code Information Questions and Answers

How many digits are in a bank code in Spain?

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

Is there a fee for using BIC/SWIFT numbers?

In the United States, what is a bank code?

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

What does the 'BB' in an IBAN represent?

Where can you find your BIC number?

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