A BIC can be combined with the details provided by the IBAN to provide automated international funds transfers. What are SWIFT codes you may ask and why would you need one? €™s sending bank is in another country. 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
Germany	Stuttgart	Baden Wuerttembergische Asset Management Investmentgesellschaft MBH	Baden Wuerttembergische Asset Management Investmentgesellschaft MBH	BWISDESTXXX