What is IBAN and Swift Codes
Published on 2016-03-07 | 1350 Views
stands for International Bank Account Number, which you can use when making or receiving international payments.
Your IBAN doesn’t replace your sort code & account number ─ it’s an additional number with extra information to help overseas banks identify your account for payments.
A SWIFT code (or SWIFTBIC, as it’s sometimes known) is a code that helps overseas banks identify which bank to send money to. For example, if an overseas bank is sending to a payment to your Barclays UK account, they’ll need to know our SWIFT code: BARCGB22.
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