Free Republic 1st Qtr 2026 Fundraising Target: $81,000 Receipts & Pledges to-date: $22,220
27%  
Woo hoo!! And now only $460 to reach 28%!! Thank you all very much!! God bless.

Keyword: swiftcode

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  • question about bank SWIFT codes

    07/19/2010 7:42:12 PM PDT · by rudy45 · 5 replies
    I understand the concept of SWIFT codes, i.e. they are used when wiring money from one bank to another bank, either domestic or foreign. I am unclear, however, why a given bank will have multiple SWIFT codes, depending on the department or branch of the bank. I would think and hope that by now, regardless of the bank, a customer could go into any branch of that bank and process the receipt of the wire transfer, because of that bank's computer systems? Does it make sense, therefore, that the sender must specify the code for a particular branch? Thanks.