Definition of SWIFT code:
World Bank Interbank Financial Telecommunication Society Code. Globally recognized identification code for banks. Swift codes are commonly used for international wire transfers and consist of 8 or 11 characters. The International Organization for Standardization (IOS) is a government body that approves the development of Swift codes.
How to use SWIFT code in a sentence?
- If you want to send money abroad, be sure to create a bank swift code when you need it.
- "I need to check the sweet code before transferring the money to my sister who lives in another country," the cashier said.
- If you are trying to transfer from one bank to another, make sure you know the Swift code for convenience.
Meaning of SWIFT code & SWIFT code Definition