Today a client asked us for the Swift code so they could pay us. €œWe had planned to launch the enhanced system at the end of February, however further work is required to ensure the system will deliver the surveillance tool we need. Institutions send each other messages over the network to confirm trades or to expect a wire transfer as examples. €œWe intend to provide a data extract service only for the test data. SWIFT is the process the Commonwealth Bank uses to send money overseas (similar to BPay used for domestic payments) and a BIC is the code that the SWIFT system uses to identify banks worldwide. Convergence with BISAC The equivalent scheme in the North American book trade is the BISAC Subject Headings.

Country	City	Bank Name	Branch	SWIFT
Qatar	Doha	Qatar First Investment Bank	Qatar First Investment Bank	QFIBQAQAXXX