This allows the payment to be directed to a specific office. 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. This month, the UK Financial Services Authority (FSA) has indicated that transaction reporting firms under MiFID will need to obtain a bank identifier code (BIC) in order to be in compliance with wider European level regulations. There are so many details on what this website do. A BIC can be combined with the details provided by the IBAN to provide automated international funds transfers.
For example, ABA numbers (or routing codes) identify banks in the US and Canada, Sort Codes identify banks in the UK.
| Country | City | Bank Name | Branch | SWIFT |
|---|---|---|---|---|
| Indonesia | Jakarta | Indoverse Securities PT | Indoverse Securities PT | INDTIDJ1XXX |