In this review, the BISAC scheme was checked and considered for every section, and, where suitable for BID users' needs, any changes that brought the schemes closer together were adopted. The SWIFT Bank Identification Code is an internationally-recognized system of codes for identifying banks (see ISO 9362). This month, the UK Financial Services Authority (FSA) has indicated that transaction reporting firms under MiFID will need to obtain a bank identifier code (BIC) in order to be in compliance with wider European level regulations. Once a firm has submitted this data, the regulator will map the FRN to the BIC and the firm must ensure that the TMU is aware of the BIC on an ongoing basis. But if your asking customers to pay you via bank transfer they may request it.

Country	City	Bank Name	Branch	SWIFT
Hungary	Budapest	Takarek Fund Management PLC	Takarek Fund Management PLC	TAFMHUH1XXX