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. Sometimes when you send money, bank staff may look them up for you so you may not be aware. 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. Today a client asked us for the Swift code so they could pay us. The FSA has therefore issued a reminder of the guidelines for this data I its recent newsletter. Other Codes Other codes that you may see are BSB, Sort Code, ABA Routing Number, Clearing Code or National Clearing Code.

Country	City	Bank Name	Branch	SWIFT
Kazakhstan	Almaty	Shinhan Bank Kazakhstan	Shinhan Bank Kazakhstan	SHBKKZKAXXX