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 of 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, to perform BIC and IBAN validation or BIC-from-IBAN derivation online, without the need to download and store the data at your premises.