IBAN (International Bank Account Number) is an international standard for identifying an account number. SWIFT/BIC (Bank Identifier Code) is an international standard for identifying a bank.
What is IBAN and SWIFT and where do I find them?
IBAN is an extension of your existing account number that you can use when making international payments. IBAN gives you a greater degree of assurance that incoming and outgoing payments are effected as quickly as possible through the banking systems. The reason is that IBAN has a uniform structure all over the world. We recommend that you use IBAN, but it is not a requirement.
Where do I find IBAN for my own account?
You will find your IBAN under your account in eBanking and also on your bank account statements.
What is SWIFT/BIC and where do I find Northern Bank’s SWIFT address?
SWIFT/BIC (Bank Identifier Code) is an international standard for identifying a bank.
Northern Bank’s SWIFT is: DABAGB2B. You will benefit from using IBAN and SWIFT for international payments. Since there is no manual handling, transaction costs are reduced.
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