What are IBAN , Swift, BSB and Sort Code?

These codes are used when transferring money between banks, in particular for international wire transfers.

In some cases, you will be required to provide us with additional details in order to complete your withdrawal request. You may be required to send:

  1. IBAN: An IBAN, or international bank account number, is a standard international numbering system developed to identify an overseas bank account. The number starts with a two-digit country code. 

  2. Swift: Society for Worldwide Interbank Financial Telecommunications (SWIFT), is a standard format for Business Identifier Codes (BIC). It’s used to identify banks and financial institutions globally. It says who and where they are — a sort of international bank code or ID. 

  3. BSB: A BSB (Bank-State-Branch) is a six-digit number that identifies banks and branches across Australia.
  4. Sort Code: A  SORT  Code is a number code, which is used by British and Irish banks. These codes have six digits, and they are divided into three different pairs, such as 12-34-56.

You can find your International Bank Account Number (IBAN) and Bank Identifier Code (BIC or SWIFT) on your paper statement or by logging in to Online Banking. 

Kindly note that the information provided must be under the trading account holder name. 

For more information on the required additional details, you may contact our Withdrawal Team at withdrawals@trade360.com 

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