These codes are commonly used to identify the banks involved in an international wire transfer. You can find bank payment codes or Bank Identifier Codes in the SWIFT BIC online database of worldwide banks using the form below:Unlike the modern IBAN, the telex-era SWIFT (or BIC as it is now known) does not include a check sum for automatic validation. €“ Because of the vast population and number of branch locations in India, it is necessary to include full details of the Beneficiary's Bank. A BIC can be combined with the details provided by the IBAN to provide automated international funds transfers. Once a firm has submitted this data, the regulator will map the FRN to the BIC and the firm must ensure that the TMU is aware of the BIC on an ongoing basis.

Country	City	Bank Name	Branch	SWIFT
Iraq	Baghdad	AL Rafidain Bank	AL Rafidain Bank	RAFBIQBAXXX