We’d like to remind Forumites to please avoid political debate on the Forum.

This is to keep it a safe and useful space for MoneySaving discussions. Threads that are – or become – political in nature may be removed in line with the Forum’s rules. Thank you for your understanding.

📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!
The Forum now has a brand new text editor, adding a bunch of handy features to use when creating posts. Read more in our how-to guide

Quick question

What is an IBAN and a SWIFT code.
A foreign buyer says that he needs them in order to pay me.

Comments

  • Hintza
    Hintza Posts: 19,420 Forumite
    10,000 Posts Combo Breaker
    IBAN:- International Bank Account Number

    The International Bank Account Number or IBAN, as it is commonly called, is a bank account number structured according to the ECBS (European Committee for Banking Standards) standards. Every bank account number in a participating European country can be converted into an IBAN - please contact your bank for details. The IBAN has a maximum of 34 alphanumeric characters

    SWIFT:-

    The SWIFT address is an 8 or 11 alphanumeric characters long international standard uniquely identifying your financial institution. The SWIFT address is also known as BIC (=Bank Identifier Code). Please contact your bank for details.

    A quick google would have turned them up ;)
  • Gemmell
    Gemmell Posts: 37 Forumite
    Cheers for that mate.

    Yes, true, I didn't think to google them.
This discussion has been closed.
Meet your Ambassadors

🚀 Getting Started

Hi new member!

Our Getting Started Guide will help you get the most out of the Forum

Categories

  • All Categories
  • 354.4K Banking & Borrowing
  • 254.4K Reduce Debt & Boost Income
  • 455.4K Spending & Discounts
  • 247.3K Work, Benefits & Business
  • 604K Mortgages, Homes & Bills
  • 178.4K Life & Family
  • 261.5K Travel & Transport
  • 1.5M Hobbies & Leisure
  • 16K Discuss & Feedback
  • 37.7K Read-Only Boards

Is this how you want to be seen?

We see you are using a default avatar. It takes only a few seconds to pick a picture.