Option A[/1!a][/34x]4!a2!a2!c[3!c](Party Identifier)(BIC)Option C/34x(Party Identifier)Option D[/1!a][/34x]4*35x(Party Identifier)(Name & Address)| Option A |
[/1!a][/34x]4!a2!a2!c[3!c] |
(Party Identifier)(BIC) |
| Option C |
/34x |
(Party Identifier) |
| Option D |
[/1!a][/34x]4*35x |
(Party Identifier)(Name & Address) |
Conditional (C1)
This field specifies the financial institution - when other than the Receiver - which services the account for the beneficiary institution.
Party Identifier may be used to indicate a national clearing system code.
The following codes may be used preceded by a double slash ('//'):
with option A:
| AT |
5!n |
Austrian Bankleitzahl |
| AU |
6!n |
Australian Bank State Branch (BSB) Code |
| BL |
8!n |
German Bankleitzahl |
| CC |
9!n |
Canadian Payments Association Payment Routing Number |
| ES |
8..9n |
Spanish Domestic Interbanking Code |
| FW |
without 9 digit code |
Pay by Fedwire |
| GR |
7!n |
HEBIC (Hellenic Bank Identification Code) |
| HK |
3!n |
Bank Code of Hong Kong |
| IE |
6!n |
Irish National Clearing Code (NSC) |
| IN |
11!c |
Indian Financial System Code (IFSC) |
| IT |
10!n |
Italian Domestic Identification Code |
| PL
|
8!n
|
Polish National Clearing Code (KNR)
|
| PT |
8!n |
Portuguese National Clearing Code |
| SC |
6!n |
UK Domestic Sort Code |
with options C and D:
| AT |
5!n |
Austrian Bankleitzahl |
| AU |
6!n |
Australian Bank State Branch (BSB) Code |
| BL |
8!n |
German Bankleitzahl |
| CC |
9!n |
Canadian Payments Association Payment Routing Number |
| CH |
6!n |
CHIPS Universal Identifier |
| CP |
4!n |
CHIPS Participant Identifier |
| ES |
8..9n |
Spanish Domestic Interbanking Code |
| FW |
9!n |
Fedwire Routing Number |
| GR |
7!n |
HEBIC (Hellenic Bank Identification Code) |
| HK |
3!n |
Bank Code of Hong Kong |
| IE |
6!n |
Irish National Clearing Code (NSC) |
| IN |
11!c |
Indian Financial System Code (IFSC) |
| IT |
10!n |
Italian Domestic Identification Code |
| PL
|
8!n
|
Polish National Clearing Code (KNR)
|
| PT |
8!n |
Portuguese National Clearing Code |
| RU |
9!n |
Russian Central Bank Identification Code |
| SC |
6!n |
UK Domestic Sort Code |
| SW |
3..5n |
Swiss Clearing Code (BC code) |
| SW |
6!n |
Swiss Clearing Code (SIC code) |
The BIC must be a SWIFT registered address, either connected or non-connected (Error code(s): T27, T28, T29, T45).
The BIC must not be a BEI. Please refer to the latest version of the BIC Directory - Corporations for more information on BEIs. This error code applies to all types of BICs referenced in a FIN message including SWIFT BICs, non-SWIFT BICs, Masters, Synonyms, Live destinations and Test & Training destinations. (Error code(s): C05).
When one of the codes //FW (with or without the 9-digit number), //AU, //CP or //IN is used, it should appear only once and in the first of the fields 56a, 57a and 58a of the payment instruction.
When it is necessary that an incoming SWIFT payment be made to the party in this field via Fedwire, US banks require that the code //FW appears in the optional Party Identifier of field 56a, 57a or 58a.
Option A is the preferred option.
Option D must only be used when there is a need to be able to specify a name and address, eg, due to regulatory considerations.
