1

SWIFT Reference Data for Effective

Payments

Tom Alaerts

Head of Business Solutions, Asia Pacific, SWIFT

Who’s the AUD-correspondent of

China Everbright Bank?

What is the CHIPS id of Zion First

National Bank Is this SWIFT BIC

still active?

Your needs..

Is it a bank holiday in Canada?

What is the national

clearing/sort code of Bank of

Thailand?

What is SWIFT BIC of Banco Real

in Argentina?

Where can I find the currency

code for

the Columbian Peso

What is the financial

situation and credit rating of

Oberbank in Austria?

Is this IBAN valid?

The paper BIC Directory is not sufficient !

Our solution

Local Operating

Units

National Bank/Sort codes

Financial institutions

Financial

information

providers

All the reference data you need

Worldwide, Accurate, Up-to-date, Any time and from a Single source!

Legal Entity

Identifiers (LEI),

Business

Registration Numbers (BRN)

Standard Settlement

Instructions, IBAN and

SEPA data

CNAPS-codes, IFSC-

codes, CHIPS codes,

GIIN codes

Central banks,

Banking associations,

tax authorities

Credit ratings,

annual reports,

shareholding data

IBAN format (ISO13616)

BIC (ISO9362)

LEI (ISO17442)

MIC (ISO10383)

4

Bank

holidays

Payments

Routing

information

817,000

Standing

Settlement

Instructions

941,000 National bank

identifiers (181 countries)

250

Country

codes

IBAN data of

71 territories,

including

36 SEPA

countries

417,000

LEIs

179

Currency

codes

140,000

local

language

codes

Credit

ratings

18 SEPA

Clearing

Systems

112,000

BICs

190,000

GIINs

SWIFTRef data

Bankers World Online – for manual lookup

• Worldwide bank identifiers

• Bank Standing Settlement Instructions

• IBAN/SEPA data for 68 IBAN countries

• Participation in Market Infrastructures

• Credit ratings, financial data, shareholder info, entity data,

Executives overview

• Currency & country codes , Country profiles

+ Extensive holiday data

+ History details on Top 500 banks

+ Banking Sector Risk per country

+ Regulator, central bank and national ID knowledge

per country

+ Consolidated bank overview (.pdf)

For flawless payments processing, regulatory reporting and exploration

of new counterparties

Institution details

Sample view for one institution

Payments data overview

Legal entity and regulatory info

Europe Albania France Kosovo Portugal

Andorra Georgia Latvia Romania

Austria Germany Liechtenstein San Marino

Belgium Gibraltar Lithuania Serbia

Bosnia and Herzegovina Greece Luxembourg Slovakia

Bulgaria Greenland Macedonia Slovenia

Croatia Guernsey Malta Spain

Cyprus Hungary Moldova Sweden

Czech Republic Iceland Monaco Switzerland

Denmark Ireland Montenegro United Kingdom

Estonia Isle of Man Netherlands

Faroe Islands Italy Norway

Finland Poland

Non European

countries and

territories Azerbaijan Mauritius

Bahrain Pakistan

Brazil Palestine, State of

Costa Rica Qatar

Dominican Republic Saudi Arabia

Guatemala Mauritania

Israel Mauritius

Jordan Timor-Leste

Kazakhstan Tunisia

Kuwait Turkey

Lebanon United Arab Emirates

Mauritania

Up to date IBAN info for correct payments to…

Sample view of IBAN Validator

Payments Plus (all the above + more)

IBAN & SEPA

DATA • Validate IBANs and BIC codes

• Find BICs from IBANs

• Construct IBANs from BBANs

BANK DATA • Identify Financial Institutions

• Find or cross-reference identifiers

(BIC, LEI, GIIN, BRN, bank IDs…)

• Validate bank details

• Understand ownership hierarchy

• Understand financial institution’s

membership in Market Infrastructures

run over SWIFT or other network

SWIFTRef files-portfolio for automation (selection)

Bank Directory Plus (BICs & national IDs)

IBAN Plus SSI Plus

SSI DATA • Find the correspondent bank

• Find the intermediary bank

• Scope = commercial payments,

FX, MM

(*) not included in Payments Plus

Entity Plus (legal Ids & ownership)

BIC Directory / Bic Plus

Bank Directory Plus record sample

Name: RBTT BANK ARUBA N.V.

Address: Italiestraat 36, Oranjestad, Aruba

SWIFT subtype, status: SUPE, BANK

Office type, legal type: HO, Legal

Group key: RBTT

National ID: 100001080

CHIPS UID: 315440

BIC: RBTTAWAW XXX

LEI: 00265873382965200176

IBAN Structure file

country name: ITALY

IBAN country code: IT

bank identifier – position & length: 6, 5

branch identifier – position & length: 11, 5

account number – position & length: 16, 12

IBAN total length: 27

IBAN: IT35Z0200809429000060010264

IBAN Plus record sample

institution name: UNICREDIT PRIVATE BANKING

city: MILANO

country: ITALY

IBAN NATIONAL ID: 0200809429

IBAN BIC: UNCRITMM

SCT: Y

SDD CORE: N

SDD B2B: N

IBAN: IT35Z0200809429000060010264

BIC: UNCRITMM

SSI Plus purpose

•correspondent bank/intermediary look-up

• per currency

• per payment type (retail, FX, MM)

New directory - Entity Plus – Identifiers and Regulations

Dodd-Frank, EMIR, KYC, AML, Basel III and BCBS 239, MiFID II,

Solvency II, AIMFD

BRN

FATCA Foreign Account Tax Compliance Act GIIN

LEI

Reporting to local tax authorities

November 2015 situation*:

• 21 regulations require LEI

• 22 regulations require either LEI or another identifier

Identifiers cross-referencing

ING Belgie N.V. (BE)

LEI JLS56RAMYQZECFUF2G44

BIC INGBBEB1XXX

GIIN 5B7B1V.00004.ME.056

BRN 403.200.393

EID 000S3RC

Legal Entity, Domestic or Foreign branch

Financial entity, non-financial entity

Banking, insurance, investments, real-

estate, fund, …

Identifiers Entity Classification

Name(s)

Address

Status

Attributes

Valid dates

Available and maintained

• All LEIs and BRNs

• All BIC codes & links to national

clearing codes

• All GIIN codes

• All MIC codes

• Alternative names

• Previous names

• Updated daily

OWNER EID 000Q006

EID 000MHJS EID 000MHJQ

EID 000PGXZ

EID 000QOLZ

EID 000MCT1

EID 000S3RC

Entity Relationships

ING Bank N.V.

ING Group N.V.

NN Group N.V.

OWNER OWNER

100% 68%

Branches ING Bank N.V.

(Rotterdam)

ING Belgium SA/NV

ING Bank

N.V. (London)

HEADOFFICE HEADOFFICE OWNER

17

ULT PARENT ULT PARENT

Legal

Entities

32%

Ultimate

Parent

100%

In progress:

Branches’ head-office entities (Done)

Ultimate Parents for 7,500 Financial Institutions (May 2016)

Parents and Ultimate Parents for Connected BICs (Aug 2016)

Parents and Ultimate Parents for Unconnected BICs (Feb 2017)

Parents and Ultimate Parents for GIINS (Jan 2018)

FULLY RELATIONAL

• All data are interlinked for easy integration in

B.O systems and applications

FLEXIBLE • Any delivery channel

(online, manual or automated file download,

FileAct, API webservices)

• Any syntax (TXT, XML)

• ERP/SAP compatible

• Packaged in function of your

needs and budget

WORLDWIDE • All BICs worldwide

• Bank identification codes

• IBAN/SEPA data

• LEIs

• SSIs

SWIFTRef in a nutshell

ACCURATE • From authorised data-originators only

• Maintained directly by the data providers

• Daily or Monthly updates available

• No manual maintenance needed

www.swift.com

India Business Forum - Business Intelligence Insights 19