It is the unique identification code of a particular bank. BIC have released a new set of codes (BIC Version 2) for categorising titles. €™s their online search service that I wish to explain here.
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).
| Country | City | Bank Name | Branch | SWIFT |
|---|---|---|---|---|
| United Kingdom | London | TT International Investment Management | TT International Investment Management | TTINGB2LXXX |