In a nutshell the SWIFT code is a unique bank code used for all interbank messaging.
A BIC is one of the most common forms of bank code used to identify individual banks.
EDWARD MATTHEW JONES or XYZ PTY LTD.
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). €™re stuck at the part where you needed to know and fill in your bank SWIFT or BIC codes (Wiki here).
| Country | City | Bank Name | Branch | SWIFT |
|---|---|---|---|---|
| Switzerland | Zurich | Privatbank Ihag Zuerich | Privatbank Ihag Zuerich | IHZUCHZZXXX |