ISO 9362:2014 Preview

Banking -- Banking telecommunication messages -- Business identifier code (BIC)

ISO 9362:2014 specifies the elements and structure of a universal identifier code, the business identifier code (BIC), for financial and non-financial institutions, for which such an international identifier is required to facilitate automated processing of information for financial services.

The BIC is used for addressing messages, routing business transactions and identifying business parties.

This International Standard applies to organizations and excludes individual persons.


General information

Note: This standard is updated by a Maintenance Agency or Registration Authority

  • Status :  Published
    Publication date : 2014-12
  • Edition : 4
    Number of pages : 6
  • :
    ISO/TC 68/SC 8
    Reference data for financial services
  • 03.060
    Finances. Banking. Monetary systems. Insurance

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By Clare Naden on
New BIC code is on the money for the financial world
From wiring money to far flung places to everyday financial transactions, the humble BIC code is a vital ingredient in ensuring banking messages get sent to the right place. Now the standard that is used to define it has had a revamp, to make it even more robust and fit for the future.

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