Glossary entry

Dutch term or phrase:

BIC bank begunstigde

English translation:

Bank Identifier Code beneficiary bank (used to be the SWIFT number)

Added to glossary by Krem Brule
Mar 1, 2005 22:59
19 yrs ago
2 viewers *
Dutch term

BIC bank begunstigde

Dutch to English Bus/Financial Finance (general)
Hi, this is from a bank transfer slip. the english says BIC beneficiary bank. what's BIC? the explanation in Dutch says the following: Vul de BIC van de ontvangende bank in. Thank you, appreciated very much.

Proposed translations

+3
10 mins
Selected

Bank Identifier Code beneficiary bank (used to be the SWIFT number)

BIC - Bank Identifier Code. A unique address that identifies precisely the financial institutions involved in international financial transactions. ...
www.eiger.co.uk/htmlfiles/glossary.asp?ID=52
Peer comment(s):

agree Ariser : http://www.swift.com/biconline/index.cfm?fuseaction=display_...
3 mins
agree avantix
52 mins
agree CateA (X)
1 day 15 hrs
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4 KudoZ points awarded for this answer. Comment: "thank you!"
11 mins

BIC (Bank Identifier Code) remittee

A unique address that identifies precisely the financial institutions involved in international financial transactions. A BIC consists of eight or eleven characters comprising the first three or all four of the following components: Bank Code, Country Code, Location Code and Branch Code.
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12 mins

BIC (Bank Identifier Code) beneficiary

Swift code for electronic funds transfer
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