A SWIFT code, also called a SWIFT number, is a unique identification code used to identify banks, financial institutions, and non-financial institutions worldwide. It stands for the Bank/Financial Institution Identifier Code (BIC). Business Identifier Code (BIC) and SWIFT code are often used interchangeably.
A SWIFT/BIC code consists of 8–11 characters and follows a format that identifies your bank, country, location, and branch.
The first four letters represent the bank and usually look like an abbreviated version of the bank name.
The following two letters indicate the country where the bank is located.
The following two characters designate the location of the bank's main office.
The last three digits identify a specific branch. ‘XXX’ is used for a bank's head office.
How do I find the SWIFT/BIC code for my bank?
You can find your bank's SWIFT code by looking it up on its website. For your foreign accounts on Grey, you can get the SWIFT/BIC code on your account details dashboard once you have requested and obtained your account.
The UK/EU accounts provided include a SWIFT code but do not support SWIFT transfers.
The US account provided does not include a SWIFT code, as international transfers are not supported.