SWIFT Code:
A SWIFT code is an 8-character code that serves to uniquely identify a specific bank where your account is registered. This code is crucial for international financial transactions, allowing banks to accurately route and process funds.
International Bank Account Number (IBAN):
An International Bank Account Number (IBAN) is a standardized format used to identify your bank account for international payments. While IBANs are commonly used in many countries, they may not be required everywhere.
Tip: To locate your SWIFT code and IBAN, you can usually find this information on your bank statement or within your online banking facilities. It's essential to have these details handy when making international transactions to ensure the accuracy and security of your funds.