A few ways to get your SWIFT code

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SWIFT code is a standard code of 8-11 characters used by banks to transfer money overseas. While sending payment overseas this code helps you to identify the receiving (beneficiary) bank or financial institution. Below are a few tips on how to get a SWIFT code without troubling yourself much: Always use an active SWIFT/BIC code. … Read more

Difference between SWIFT code and Routing Numbers

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SWIFT code or Society for Worldwide Interbank Financial Telecommunication and routing numbers are both used for financial affairs. They are used to identify bank transactions both nationally and internationally. Certain banking institutes use them for identifying their respective bank accounts, while some consider SWIFT code and routing numbers to be the its trademark. But in … Read more

Why the rupee keeps losing its value and what it means for your budget

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The rupee value against US dollar has always been on the low due to domestic weaknesses. But it was raised to a certain extent in the past two years. Sadly, the difference is increasing again. This time it is because of the global influence. On May 29, the rupee’s value against the dollar lowered to … Read more

What you need for an International Money Transfer

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International Money Transfer has a set of rules and requirements that will enable you to perform your transfer with ease. Following are the requirements: Your full name and street address (not PO Box) The recipient’s full name and street address (not a PO Box), bank name and account details (for example IBAN, Sort Codes, or … Read more