ISO 9362 (also known as SWIFT-BIC, BIC code, SWIFT ID or SWIFT code) is a standard format of Bank Identifier Codes approved by the International Organization for Standardization (ISO). 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). IBAN, BIC and SWIFT explained In brief: SWIFT bank transfers are available worldwide; SWIFT codes are similar to BIC. €™re set to go with filling in the form so the payment can be completed. Here is the list of the Philippine bank swift codes:SWIFT or BIC (Bank Identifier Code) codes should be used on all telegraphic transfers to identify a particular bank or financial institution. You can find bank payment codes or Bank Identifier Codes in the SWIFT BIC online database of worldwide banks using the form below:Unlike the modern IBAN, the telex-era SWIFT (or BIC as it is now known) does not include a check sum for automatic validation.

Country	City	Bank Name	Branch	SWIFT
Italy	Roma	Nusa SIM	Nusa SIM	NUSSITR1XXX