What bank details are required to transfer money?
Eight-digit account number of the account you’re paying. A payment reference (often your name or customer number) to let them know the money came from you. Sometimes you’ll need the name and address of the bank you’re sending the money to. This helps them to check that sort code is right.
What is BIC code for international transfer?
A Bank Identification Code, or BIC Code is an 8 to 11-character code that is used to identify a specific bank when you make an international transaction. It’s almost like a postcode for your bank, ensuring that your money goes to the right place.
What do you need to transfer money internationally?
- The name and address of the person receiving the money.
- The bank receiving the money.
- SWIFT code of the bank (also known as a BIC).
- Recipient’s account number or IBAN.