![]() Hong Kong also uses the SWIFT code and IBAN for making overseas bank transfers. It’s combined with the branch code and bank account number to make bank transfers. The Hong Kong bank code is a three-digit bank code number only used for domestic bank account transactions within Hong Kong to identify the bank name. ![]() MICR is magnetic ink character recognition printing on checks for automatic electronic reading. The MICR code consists of City Code, Bank Code, and Branch Code of three digits each, totaling nine digits. MICR Codeīesides the IFSC, India also uses a MICR code for using an Electronic Clearing System. In India, the IFSC (Indian Financial System Code) is used as a bank code to transfer money within India between banks and to transfer foreign money to Indian bank accounts. To make a wire transfer, you also need the seven-digit account number and the suffix of two or three digits. New Zealand uses its own six-digit BSB bank code to identify a bank (first two digits) and specific branch location (last four digits) of a financial institution in that country. The BSB number can be found by searching a BSB branch locator on your bank’s website or another online BSB checker tool. The BSB code, the location code for a specific bank branch, is on a bank statement and online banking account. In Australia, international bank transfers use a BSB, account number, and SWIFT code (the same as a BIC code) for processing through the SWIFT network. The BSB code consists of six numbers, with the first two or three digits for branch identification. The BSB (Branch State Bank) code is used as a bank branch identifier in Australia. The sort code is used as part of the IBAN code for making bank transfers internationally. The Ireland sort code, also referred to as National Sort Code or NSC, begins with 9. Sort codes are six digits, expressed as three sets of two numbers separated by a hyphen. The Sort code is used in England and Ireland as a bank code to identify the bank location of a bank account. The CLABE is used for banking transactions, including bank transfers. In Mexico, CLABE (Clave Bancaria Estandarizada) which translates to standardized bank code or standardized bank cipher, is used for 18-digit Mexican bank account numbers. The SWIFT code or Bank Identifier Code (BIC) is an eight to 11 digit code of alphanumerics to identify the bank, county, the bank’s head office location, and optionally a specific branch. The IBAN number includes a country code, two check digits, and a lengthy bank account number.Ī SWIFT code is used worldwide for money transfers between banks for international transactions. or Canada) to identify a foreign bank account and make wire transfers and interbank transfer transactions, including cross-border payments. IBAN (international bank account number) is a standard format bank code of up to 32 alphanumerics used internationally (but not in the U.S. The internal routing number for a bank on a deposit slip is also printed in MICR as a different number. The fraction format is used as a backup number to process checks if the MICR printing can’t be read. The routing number is also printed on the top right of the check, in a different format shown as a fraction. ![]() MICR is magnetic ink character recognition, used by computers to read the numbers automatically. The check number is to the right of the routing number and bank account number. The external bank identification routing number and bank account number are printed in MICR ink on the bottom of each check, with the routing number to the left of the bank account number. In the United States, the bank code for financial transactions combines a routing number and a bank account number.
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