Although BIC is often referred to by bankers as a SWIFT code or SWIFT address, do note that BIC is slightly different from SWIFT§. 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).
€“ knowing this bank number is a must. The FSA has therefore issued a reminder of the guidelines for this data I its recent newsletter. Sometimes when you send money, bank staff may look them up for you so you may not be aware.
| Country | City | Bank Name | Branch | SWIFT |
|---|---|---|---|---|
| Russian Federation | Perm | Perminvestbank OAO | Perminvestbank OAO | PEOARU41XXX |