The EU regulation 260/2012 requires financial institutions to add the BIC code to any domestic IBAN payment as off February 2014 and to any cross-border IBAN payment as off February 2016. If  you are a financial institution sending SEPA payments, then discover here the solution for smooth and in-time SEPA-compliance.

What issues can you resolve with this directory?

  • Validation of an IBAN, including country code pre-fix and IBAN length.
  • Extraction of the bank code and validation of its existence.
  • Validation of the IBAN bank ID against the Exclusion List
  • Finding the corresponding BIC to be used, if not provided with the IBAN
  • Validation of a BIC, if provided with the IBAN.

For routing of SEPA payments, please check out our SEPA Plus directory.

What can you find in this directory?

  • Institution name and country
  • Institution’s Bank/branch codes in the formats as embedded in IBANs. 
  • Institution’s BIC codes as issued together with the IBANs to the account holders. 
  • Data for the 32 SEPA countries and all non-SEPA countries (30+) that adopted the IBAN. Each time a new country registers a new IBAN format with SWIFT (in the ISO IBAN registry), the file is updated

If purchased as a file, you will in addition receive IBAN STRUCTURE information:

  • IBAN country pre-fix
  • IBAN length
  • Bank code length, composition  and position within the IBAN

In which format can you buy this directory?

  • Online (daily updated)
  •  As a flat file in xml or txt format (with daily and monthly updates)
    • downloadable from our download portal,
    • using download automation,
    • delivered to you over FileAct
  • Via web services APIs,
    allowing your applications to retrieve individual data or perform the validation and BIC derivation online, without the need to download and store the data at your premises.