Main Aims of BIC2
The stated aims behind BIC2 can be summarised as follows:
Removal of UK bias
The BIC scheme was originally conceived as a subject classification system for the UK book trade, which led to certain subjects being given an inflated degree of detail or prominence (eg English Law) or being taken out of objectively correct hierarchical sequence (eg British history).
€śWe intend to provide a data extract service only for the test data. SEPA payments require both BIC and IBAN. JOHN CHARLES SMITH or ABC COMPANY LTD.
| Country | City | Bank Name | Branch | SWIFT |
|---|---|---|---|---|
| Malta | Valletta | HSBC Stockbrokers Malta Limited | HSBC Stockbrokers Malta Limited | HSSBMTM1XXX |