If you have need to send money from one bank to another especially for international transfers, a SWIFT code is required. It was created in 1973 supported by 239 banks in 15 countries. In a nutshell the SWIFT code is a unique bank code used for all interbank messaging. In a nutshell the SWIFT code is a unique bank code used for all interbank messaging. SWIFTNet FIN address based on BIC To identify endpoints on its network, SWIFT also uses 12-character codes that are derived from the BIC of the institution.

Country	City	Bank Name	Branch	SWIFT
Australia	Melbourne	Karara Capital LTD	Karara Capital LTD	KARAAU31XXX