What does BIC mean in Banking?

This page is about the meanings of the acronym/abbreviation/shorthand BIC in the Business field in general and in the Banking terminology in particular.

Bank Identifier Code

Business » Banking


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What does BIC mean?

Bank identifier code
Is a unique identifier code for a specific bank or financial institution for banking transactions.

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"BIC." Abbreviations.com. STANDS4 LLC, 2016. Web. 23 Oct. 2016. <http://www.abbreviations.com/term/120229>.