Differences Between Swift Code and Routing Numbers
To transfer the money, you need to know the SWIFT codes and Routing number, though their purpose is almost same, but their way of working is somewhat different. Both the codes work as bank identification, still they differ with each other in the sense of its use. Here the differences are given. SWIFT: SWIFT code […]
What are IBAN and SWIFT Codes?
Those, who want to make financial transaction across the border, they may face confusion between IBAN and Swift code as both are used for the international money transfer. Here the details of these two codes are given below: IBAN code: IBAN stands for International Bank Account Number, which is used to transfer money to an […]
How Do I Find a Swift Code for a Foreign Bank
Society for Worldwide International Financial Telecommunication or commonly known as SWIFT code is a unique identification code used as a standard for monetary transactions in the global platform. The code is actively used to deal with and transfer money and messages between banks. It is 8 or 11 characters long figure divided into four sections […]
How to Find Swift Code for different Banks in the World
Swift code and BIC code forms a very crucial part of our bank transactions. Bank swift code is generally an international code with ISO standards that helps in the identification of a bank for international transactions. Not all websites in the internet are credible enough to give you the correct information on different swift numbers […]
What Are the Different Types of Banking Transactions?
Among the various types of banking transactions are wire transfers, online bill payments and credit card transactions. Other financial transactions that may occur through a bank include mortgage loans and small business loans. Several different types of banking transactions can take place in person, by telephone or online. Various payment transactions make doing business easier. […]
How to protect your financial information
Each and every financial company is responsible for protecting their customers’ information and transactions and as such they imply remarkable resources for the security and protection of the same. Now it is your job to find out such banks that adopts these kinds of measures and help you protect your account. Do take steps to […]
SWIFT System in Banking Transactions
SWIFT is a Belgian creation that rightly stands for ‘Society for Worldwide Interbank Financial Telecommunications’. It was initiated in 1973 with its headquarters in Belgium. The main reason behind its formation was the growing need for an internationally sound communications network that could facilitate business transactions across borders effectively, quickly, and securely. During the initial […]
For Increased Security Make Use Of The BIC Code In Banks
Are you in search for the safest place for money keeping? Well what else can be the best place other than a bank! A bank is the securest place to keep all you money and also retrieve it whenever you are in need. There are uncountable transactions that take place in a bank per day. […]
How to Calculate the Check Digit of a Routing Number from an Illegible Check
If you ever happen to have a torn or battered check that you can’t make out the check-digit (last number) of the routing number for, there is a way to work it out. This number can be calculated and this article explains just how to do that. If you have torn a check by mistake […]
Bank Account at Risk If You Publish Your Checking Account and Routing Numbers Online
If you think that banks are the safest place to keep your money, I am afraid that I will have to break your illusion. So far the total vulnerable amount over the world has exceeded $100,000. There are crooks all over the banking world who is constantly spying on your transactions. I hope this article […]
