SWIFT is the process the Commonwealth Bank uses to send money overseas (similar to BPay used for domestic payments) and a BIC is the code that the SWIFT system uses to identify banks worldwide.
SWIFT stands for Society for Worldwide Interbank Financial Telecommunication - a banking industry intranet for worldwide communications and funds transfer. The International Bank Account Number or IBAN is a bank account number designed to simplify and speed cross border transfers; it is structured according to ECBS format. The latest edition is ISO 9362:2009 (dated 2009-10-01). The Swift numbers are valid worldwide.
August 2002, and which was limited to minor additions and relocations.
| Country | City | Bank Name | Branch | SWIFT |
|---|---|---|---|---|
| France | Bailly | Mercedes Benz Financial Services | Mercedes Benz Financial Services | DFSDFR22XXX |