IFSCA has directed IFSC Banking Units to clearly include GIFT IFSC Banking Unit in their SWIFT BIC names to avoid misrouting of cross-border remittances. Compliance reporting is mandatory by June 30, ...

If you have a bank account, you’ve probably heard of a routing number. But if you’re making international money transfers, you may have to use a SWIFT code. Read on to learn about SWIFT codes and ...

Julia Kagan is a financial/consumer journalist and former senior editor, personal finance, of Investopedia. Mira Norian / Investopedia A bank identification number (BIN) is the initial set of four to ...

Mary Hall is a editor for Investopedia's Advisor Insights, in addition to being the editor of several books and doctoral papers. Mary received her bachelor's in English from Kent State University with ...