BIC + IBAN international bank transfers are faster, more efficient, and low-cost as they are sent directly through the SWIFT interbank network without using intermediary banks (who deduct charges or fees for their service). The SWIFT code for its primary office is DABADKKK: DABA identifies Danske Bank DK is the country code for Denmark KK is the code for Copenhagen. IBAN will be progressively introduced in most OECD countries to allow Straight Through Processing of cross border payments. It is not the only coding system for banks - individual countries also have their own sets of codes which are used to identify banks in national interbank business. BIC Subject Codes A key part of the ONIX project is to ensure that BIC, the international subject classification standard, meets the requirements of the Australian industry.

Country	City	Bank Name	Branch	SWIFT
Venezuela	Caracas	Arrendadora Provincial	Arrendadora Provincial	ARPRVEC1XXX