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.
€śWe intend to provide a data extract service only for the test data. In order to facilitate this, the regulator will continue to provide testing facilities for firms to test the records submission process with their ARM. IBAN will be progressively introduced in most OECD countries to allow Straight Through Processing of cross border payments.
You can try the website that deals with SWIFT or BIC codes. BIC + IBAN is not available in the United States of America, nor is it likely to be, with the decentralized structure of the US banking system and lack of nationwide banks.
| Country | City | Bank Name | Branch | SWIFT |
|---|---|---|---|---|
| United Kingdom | London | OLD Mutual Fund Managers Limited | OLD Mutual Fund Managers Limited | OMFMGB21XXX |