GJSOUZ22XXX
Business Development Bank Jscb BIC / SWIFT Details
Find the correct SWIFT code for a wire transfer. Search by bank and country to get the correct SWIFT code. If you already have a unique code, verify its authenticity by checking it here.
Name
Business Development Bank Jscb
Country & City
Uzbekistan, Tashkent
SWIFT code
GJSOUZ22XXX SWIFT code details
- GJSO represents Business Development Bank Jscb.
- UZ is the country code for Uzbekistan.
- 22 represents Tashkent.
- XXX represents a specific Business Development Bank Jscb branch.
GJSOUZ22XXXGJSOUZ22XXX
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FAQs
What are SWIFT codes?
SWIFT codes are unique characters that identify every bank connected to the SWIFT banking messaging system. They comprise 8 to 11 characters that identify the bank, its country of origin, headquarters, and branch.
What does BIC mean?
BIC is an abbreviation for Bank Identifier Code. It is another word for a SWIFT code.
What is the difference between BIC and SWIFT codes?
There is no difference between them. SWIFT and BIC are the same thing.
Is a SWIFT code the same as an IBAN?
No, they are not the same thing. IBAN stands for International Bank Account Number, a unique code that identifies a specific bank account for international transactions. It is primarily used in Europe. In contrast, a SWIFT code identifies the bank to which a foreign payment is being sent, not the specific account. It is the globally recognised standard for processing foreign payments.
How does a SWIFT code work?
SWIFT is the standard messaging system used by banks worldwide to send and receive payment instructions. A SWIFT code identifies every bank connected to this system. When you initiate a foreign transfer, your bank uses the SWIFT code to contact the receiving bank and instruct it to deposit money into the specified account. SWIFT codes facilitate seamless foreign transfers. You can find your bank SWIFT code on its website or on your banking statement. Likewise, you can use our Bivial SWIFT code checker to find the correct code.
Do I need a SWIFT code or an International Bank Account Number (IBAN)?
It depends on the country where your recipient is located. In many European countries, both a SWIFT code and an International Bank Account Number (IBAN) are required to process international transfers. However, in many other countries, such as Brazil and the United States, an IBAN is not required for foreign deposits.
Why do banks use SWIFT/BIC codes?
SWIFT/BIC bank details ensure that banks deposit money into the correct financial institution and recipient account, thereby avoiding serious mistakes with customer funds.