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FREE Bank Code Information Questions and Answers
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How many characters are in a BIC code for a bank that does not use a 3-character branch code?
12
11
8
9
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What does the 'BB' in an IBAN represent?
4-character bank code
3-character branch code
2-character location code
2-character country code
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Is there a fee for using BIC/SWIFT numbers?
Only for international transfers
No
Yes
Sometimes
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How do BIC/SWIFT codes ensure that payments go to the right bank?
They are used to identify the customer's bank.
They are used to identify the recipient's bank.
They are used to identify the correspondent banks.
They are used to transfer money from one place to another.
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Where can you find your BIC number?
The BIC/SWIFT finder
Your bank statements, online banking account, or local branch
The recipient's bank statements
Your credit card
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In the United States, what is a bank code?
The RTN
A nine-digit number known as a routing transit number (RTN)
The number which follows the RTN
ABA code
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How many digits are in a bank code in Spain?
10
6
8
4
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