Swift - all facts and figures about the payment system
Source: Oldenburger Nachrichten (Glomex)
Swift is the international payment standard when it comes to international borders. Every customer of a bank comes into contact with it, for example on the EC cards. In addition to the card and account number with the IBAN code, the bank code (BIC) is also there. This combination of letters is the Swift address of the associated bank
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