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"ISO 9362"

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Payment Systems

What Is ISO/TC 68?

ISO/TC 68 is a technical committee within the International Organization for Standardization in Geneva, responsible for developing and maintaining international standards for banking, securities and other financial services.

Diagram illustrating the structure of a Bank Identifier Code (BIC)

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What is a Bank Identifier Code (BIC)?

BIC stands for Bank Identifier Code. It is the universal bank identification code used for automated processing in banking and related financial environments, identifying banks as specified by the ISO 9362 standard.