For details of your BIC/IBAN you'll need to visit your account holding branch. Alternatively, if you’re registered for PhoneBank call us on 0845 3000 050. Or you can call our International Services centre on +44 121 695 6952 or fax +44 121 625 6292.

Legally we have had to issue you with an IBAN and a BIC to be associated with it since 1 July 2003. IBAN & BIC information has appeared on your paper statements for these currencies since 1 July 2003. If you trade with companies in Europe, since this date you have had to provide details of your IBAN & BIC on invoices issued.

IBAN & BIC is all that you need to identify your account and account holding bank details to a payment counterparty. Use of this information by the counterparty and their bank should ensure efficient and speediest transfer of funds to the account nominated by you in the IBAN.

It is a legal requirement for all accounts in the EU & EEA to have an IBAN & for a BIC to be associated with the IBAN. This information must be displayed on statements. You should advise the beneficiary that the payment may be delayed or subject to additional charge if this information is not provided. The beneficiary's bank is entitled to reject the payment after 1/1/2007.

IBAN or BIC codes (sometimes known as SWIFT code) contain information to allow easy and efficient payments via bank transfer in Europe. This information cannot be used to perform any other operation on your account. The IBAN code ensures the identification of your account on an international level. The code is made up of different parts, the first identifies the country (IE for Ireland), this is followed by the control key and the account identification number.

Short for the Beneficiary Identity Code, it is a two-digit alpha-numeric code that tells the relationship between the claimant and primary claimant (SSN). It also identifies the type of benefits the individual is receiving for statistical reports. For a list of BICs go to the Denominator File record layout.

The paying bank may decline to make the payment, which will detrimentally affect your cash flow. If the paying bank agrees to make the payment, then it may levy extra charges for making the payment.

Yes you can. The difference is that Banks in the rest of the world are unlikely to check the validity of the IBAN mathematically. You can quote the IBAN as your account number and the BIC as your bank details in the same way that you present the information for EU & EEA. The information is sufficient for the payment to reach your account at NatWest. No, IBAN is better and essential for cross-border intra EU & EEA payments. Both should not be used.

Quoted directly from the Outpatient SAF and Denominator record data dictionaries). The equitable BIC MODULE electronically matches two records that contain different BICs where it is apparent that both are records for the same beneficiary. It validates the BIC and returns a base BIC under which to house the record in the National Claim History (NCH) databases (all records for a beneficiary are stored under a single BIC).

A BIC is an acronym, which stands for Bank Identifier Code. It can be used to identify your bank, when receiving payments. You may already quote your BIC on your invoices or payments to your account.

IBAN is an acronym, which stands for International Bank Account Number. It is a standard way of uniquely identifying an account for the purpose of improving the efficiency and speed of cross border payments. IBANs have been developed by the European Committee for Banking Standards (ECBS) and the International Standards Organisation (ISO) who have published an internationally agreed standard (ISO 13616:1997). This standard has since been updated for EU purposes in EBS204.

IBAN contains additional characters in front of a normal recipient domestic account number. These characters consist of a 2-letter country code followed by a 2-digit check number. Please note that the IBAN in printed format (such as an invoice) is likely to be prefaced by the word IBAN e.g. IBAN AT611904300234573201 You should not include any spaces when quoting the IBAN. The IBAN should be presented as a continuous string of alphanumeric characters i.e.