BIC (Bank Identifier Code)
This is a code by which banks are identified throughout the world
IBAN (International Bank Account Number)
This is a code which allows account details to be recognised internationally, and is used for transfers between member countries in the EU or EEA
BIC and IBAN are used to make payments internationally. You can find your BIC and IBAN numbers on any of your statements dated after 1st May 2010.
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