What is a SWIFT code?
A SWIFT code is a standard format of a Business Identifier Code (BIC).
It uniquely identifies banks worldwide and is used for international money transfers.
You can usually find it on your online banking portal or bank statement.
If you're unsure, please contact your bank for assistance.
Example SWIFT code (UK bank) The standard format is 8 or 11 characters: BARCGB22XXX
Breakdown:
BARC – Bank code (Barclays)
GB – Country code (United Kingdom)
22 – Location code
XXX – Branch code (optional)
Important: This information is required when withdrawing funds via Telegraphic Transfer.
Tip: Always double-check your SWIFT code with your bank to avoid delays.
What is a BIC?
BIC stands for Bank Identifier Code. It is another name for a SWIFT code and is used for exactly the same purpose — identifying banks for international money transfers.
You may see it referred to as SWIFT, BIC, or SWIFT/BIC depending on your bank.
You can usually find it on your online banking portal or bank statement.
If you're unsure, please contact your bank for assistance.
Important: You will need your BIC/SWIFT code when withdrawing funds via Telegraphic Transfer.
What is an IBAN number?
An IBAN (International Bank Account Number) helps identify bank accounts across borders.
It ensures your funds reach the correct account during cross-border transfers.
Up to 34 alphanumeric characters.
Begins with a two-letter country code, followed by numbers and letters that identify your bank and account.
When do I need an IBAN?
If you withdraw via Telegraphic Transfer, you’ll need your IBAN.
You can usually find it on your online banking portal or paper statement.
If you’re unsure, contact your bank for assistance.
Important: Always double-check your IBAN before submitting it to avoid delays.
Tip: Save your IBAN securely for future withdrawals.
What is a Sort Code?
A Sort Code is a six-digit number that identifies your bank and branch in the United Kingdom.
It is used alongside your account number for domestic UK bank transfers.
You will need your Sort Code when withdrawing funds via BACS bank transfer if your account is a UK GBP account.
You can usually find it on your bank card, online banking portal, or bank statement.
If you're unsure, please contact your bank for assistance.
Example Sort Code: 20-00-00
Important: Sort Codes are only required for UK GBP bank transfers (BACS). For international transfers, you will need your IBAN and SWIFT/BIC code instead.
Tip: Always double-check your Sort Code with your bank to avoid delays.
What is a CVV number?
The CVV number adds an extra layer of security when making deposits with your card.
The CVV number is the last 3 digits on the signature panel on the back of your card.
You’ll need to enter this number whenever you make a deposit into your account.
Why do I need to enter it every time?
Your card number is saved when you make a deposit, but the CVV number must be entered manually each time for added security.
This helps protect your account from unauthorised transactions.
Other names for CVV
The CSC number can also be referred to as:
CSC
CVN
CV2
CVV2
Important: Never share your CVV number with anyone.
Tip: If you can’t find the CVV, check the back of your card near the signature strip.