Swift Code is required by for online Money Transfer between two different banks that are the members of the swift network. For Money Transfer require bank account number as well as Swift Code or BIC Code Of that Bank(Branch),Swift Headquarters are located in Belgium.
The Society for Worldwide Interbank Financial Telecommunication (SWIFT) provides a network that is used as financial institutions in the worldwide to send and receive information about all swift transactions in a secure envirnoment.
About 209 countries (about 10,000 banks) supports swift network to transfer message between two banks.swoft network is estaliblished in 1973.
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