ISO 9362:2022

Banking — Banking telecommunication messages — Business identifier code (BIC)

This document specifies the elements and structure of a universal identifier code, the business identifier code (BIC), for financial and non-financial institutions, for which such an international identifier is required to facilitate automated processing of information for financial services. The BIC is used for addressing messages, routing business transactions and identifying business parties. This document applies to organizations and excludes individual persons.

Banque — Messages bancaires télétransmis — Code d'identification des entreprises (BIC)

General Information

• Status: Published
• Publication Date: 11-Apr-2022
• ICS: 03.060 - Finances. Banking. Monetary systems. Insurance
• Technical Committee: ISO/TC 68/SC 8 - Reference data for financial services
• Drafting Committee: ISO/TC 68/SC 8 - Reference data for financial services
• Current Stage: 6060 - International Standard published
• Start Date: 12-Apr-2022
• Due Date: 04-May-2023
• Completion Date: 12-Apr-2022

Relations

• Revises: ISO 9362:2014 - Banking — Banking telecommunication messages — Business identifier code (BIC)
• Effective Date: 25-Dec-2021

Standards Content (Sample)

INTERNATIONAL ISO
STANDARD 9362
Fifth edition
2022-04
Banking — Banking
telecommunication messages —
Business identifier code (BIC)
Banque — Messages bancaires télétransmis — Code d'identification
des entreprises (BIC)
Reference number
ISO 9362:2022(E)
© ISO 2022

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ISO 9362:2022(E)
COPYRIGHT PROTECTED DOCUMENT
© ISO 2022
All rights reserved. Unless otherwise specified, or required in the context of its implementation, no part of this publication may
be reproduced or utilized otherwise in any form or by any means, electronic or mechanical, including photocopying, or posting on
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Published in Switzerland
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ISO 9362:2022(E)
Contents Page
Foreword .iv
Introduction .v
1 Scope . 1
2 Normative references . 1
3 Terms and definitions . 1
4 Conventions . 2
5 BIC structure . 2
5.1 Format and length of the BIC . 2
5.2 Element description . 3
5.3 BIC examples . 3
6 BIC data record . 3
7 Responsibilities . .4
8 International directory of BICs .4
Bibliography . 5
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ISO 9362:2022(E)
Foreword
ISO (the International Organization for Standardization) is a worldwide federation of national standards
bodies (ISO member bodies). The work of preparing International Standards is normally carried out
through ISO technical committees. Each member body interested in a subject for which a technical
committee has been established has the right to be represented on that committee. International
organizations, governmental and non-governmental, in liaison with ISO, also take part in the work.
ISO collaborates closely with the International Electrotechnical Commission (IEC) on all matters of
electrotechnical standardization.
The procedures used to develop this document and those intended for its further maintenance are
described in the ISO/IEC Directives, Part 1. In particular, the different approval criteria needed for the
different types of ISO documents should be noted. This document was drafted in accordance with the
editorial rules of the ISO/IEC Directives, Part 2 (see www.iso.org/directives).
Attention is drawn to the possibility that some of the elements of this document may be the subject of
patent rights. ISO shall not be held responsible for identifying any or all such patent rights. Details of
any patent rights identified during the development of the document will be in the Introduction and/or
on the ISO list of patent declarations received (see www.iso.org/patents).
Any trade name used in this document is information given for the convenience of users and does not
constitute an endorsement.
For an explanation of the voluntary nature of standards, the meaning of ISO specific terms and
expressions related to conformity assessment, as well as information about ISO's adherence to
the World Trade Organization (WTO) principles in the Technical Barriers to Trade (TBT), see
www.iso.org/iso/foreword.html.
This document was prepared by Technical Committee ISO/TC 68, Financial Services, Subcommittee
SC 8, Reference data for financial services.
This fifth edition cancels and replaces the fourth edition (ISO 9362:2014), of which it constitutes a
minor revision. The changes are as follows:
— Foreword: SC 7 has been replaced with SC 8;
— Introduction: the reference to the 2015/2018 implementation phase has been adjusted;
— 3.2 and 3.5: definitions revised;
— the style of the BIC structure in Clauses 4 and 5 has been aligned with the style used in the ISO 17442
series;
— minor editorial changes have been made.
Any feedback or questions on this document should be directed to the user’s national standards body. A
complete listing of these bodies can be found at www.iso.org/members.html.
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ISO 9362:2022(E)
Introduction
This document specifies a universal method of identifying institutions within the financial services
industry, in order to facilitate automated processing of telecommunication messages in banking and
related financial transaction environments.
The implementation of this document was completed by the Registration Authority (RA), while taking
into account the market evolution and the need to ensure the document was neutral and agnostic from
any network.
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INTERNATIONAL STANDARD ISO 9362:2022(E)
Banking — Banking telecommunication messages —
Business identifier code (BIC)
1 Scope
This document specifies the elements and structure of a universal identifier code, the business identifier
code (BIC), for financial and non-financial institutions, for which such an international identifier is
required to facilitate automated processing of information for financial services.
The BIC is used for addressing messages, routing business transactions and identifying business parties.
This document applies to organizations and excludes individual persons.
2 Normative references
The followi
...