IBAN will be progressively introduced in most OECD countries to allow Straight Through Processing of cross border payments. It is not the only coding system for banks - individual countries also have their own sets of codes which are used to identify banks in national interbank business. In a nutshell the SWIFT code is a unique bank code used for all interbank messaging. In this review, the BISAC scheme was checked and considered for every section, and, where suitable for BID users' needs, any changes that brought the schemes closer together were adopted. As a general rule most people ordering payments to India will know this code. It is not the only coding system for banks - individual countries also have their own sets of codes which are used to identify banks in national interbank business.

Country	City	Bank Name	Branch	SWIFT
United Kingdom	London	Ionian Corporate Finance Limited	Ionian Corporate Finance Limited	IOCFGB21XXX