Jumat, 26 Agustus 2022

bank

(Business Identifier Code, also known as SWIFT code or SWIFT BIC) is the mostly used international identifier of financial institutions. SWIFT is the registration authority for BICs. BICs are used in financial transactions, in particular cross-border payments and SEPA payments, client and counterparty data bases, compliance documents and many others.

A BIC consists of eight or eleven characters, comprising

  • a financial institution code (four characters),
  • a country code (two characters),
  • a location code (two characters)
  • and, optionally, a branch code (three characters).

BIC of Aareal Bank AG and its components are shown in the table below.

BIC AARBDE5WXXX
Bank BIC Code AARB
Country Code DE (Germany)
Location Code 5W
Branch Code XXX

LEI EZKODONU5TYHW4PP1R34

LEI (Legal Entity Identifier) is as international identifier assigned todistinct legal entities that engage in financial transactions. LEI increases the transparency of financial system, allowing the authorities to improve market surveillance and businesses to reduce counterparty risk. Knowing LEI allows to get registration details of the legal entity, its ownership structure and its family tree.

LEI's structure is defined in ISO 17442. A LEI consists of 20 alpha-numeric characters where:

  • characters 1-4 identify the LEI issuer (Local Operating Units or LOU),
  • characters 7-18 are the entity indentifier, i.e. the code generated and assigned by the LOU,
  • characters 19-20 are the verification ID (checksum).

LEI of Aareal Bank AG and its components are shown in the table below.

LEI EZKODONU5TYHW4

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