The BIC is registered as an international ISO standard ISO 9362, specifying the elements associated with a company's identification code.

Types of BIC Codes

  • BICs with access to the SWIFT network
  • BICs without access to the SWIFT network

BIC Structure

  • Business party prefix: 4 alphanumeric characters
  • Country code: 2 alphabetic characters
  • Suffix: 2 alphanumeric characters