This delay is not the first that the FSA has been forced to announce (see our coverage here): the launch has been delayed for nearly two years, as the regulator has struggled to get its current surveillance system up to scratch in order to be able to process transaction reports for AII transactions. The overlapping issue between ISO 9362 and ISO 13616 is discussed in the article International Bank Account Number (also called IBAN). Swift is a communication network used by banks, brokers, financial institutions and corporations to exchange messages. For example, DEUTDEFF500 would direct the payment to an office of Deutsche Bank in Bad Homburg. There you need specific bank and its code, before you include the branch and beneficiary account information so the funds can be sent.

Country	City	Bank Name	Branch	SWIFT
Montenegro Republic of	Podgorica	Atlasmont Banka AD	Atlasmont Banka AD	ATLMMEP2XXX