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What's the difference between SWIFT codes and BIC codes?

Accepted Answer

SWIFT and BIC codes are essentially the same. Both identify banks for secure international transactions. While "SWIFT code" is widely used, "BIC" is the official term financial institutions use. Both ensure your money reaches the correct destination safely.

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Do I need a SWIFT code to send money internationally?

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No, SWIFT codes aren’t the same for all bank branches. Each branch usually has its own unique code to make sure your money gets to the right place. Using the correct SWIFT code for the specific branch you’re sending money to is important.

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SWIFT code	WEMCUS31XXX
SWIFT code (8 chr)	WEMCUS31
Bank name	WELLINGTON MANAGEMENT COMPANY, LLP
Bank address	280 CONGRESS ST, BOSTON MA 02210, US
Branch code	XXX
City	BOSTON
Country	United States

WELLINGTON MANAGEMENT COMPANY, LLP SWIFT code in the United States

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What is the SWIFT code for WELLINGTON MANAGEMENT COMPANY, LLP?

Example SWIFT code format

WEMC

US

31

XXX

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