SEPA payments require both BIC and IBAN. SWIFT is the process the Commonwealth Bank uses to send money overseas (similar to BPay used for domestic payments) and a BIC is the code that the SWIFT system uses to identify banks worldwide.
Frequently Asked Questions
1. €™s sending bank is in another country.
| Country | City | Bank Name | Branch | SWIFT |
|---|---|---|---|---|
| United Kingdom | London | City Fund Management Limited | City Fund Management Limited | CIFAGB21XXX |