IBAN vs SWIFT: what’s the difference?
If you’ve ever asked yourself the question: “Is IBAN the same as SWIFT?”, this article was created just for you. SWIFT/BIC, IBAN, routing number, bank account number… What are all those and how to differentiate them? What codes are required exactly to make cross-border transactions? In this blog post, we’re shedding the light on all the above confusing terms and explain what information you need to order international transfers. What’s an IBAN? An IBAN is deciphered as an International Bank Account Number. It’s an essential code when it comes to sending money internationally. Basically, it’s a number that facilitates financial