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What is a SWIFT code and what is it used for?
What is a SWIFT code and what is it used for?
Updated over 4 months ago

A SWIFT code is a unique identifier for a specific bank that is used to process international transfers. It ensures that transactions are directed to the correct bank via an international wire transfer.

To start an International Wire, you will be required to obtain information - available within the Coba platform plus the SWIFT code information:

Instructions:

  • Account Number: [Available in-app]

  • Routing Number: [Available in-app]

  • BIC/SWIFT Code: BSMEUS32

  • Bank Name: Bangor Savings Bank

  • City, State, Country: Bangor, ME USA

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