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

ISO 9362:2014 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 International Standard applies to organizations and excludes individual persons.

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

Bančništvo - Bančna telekomunikacijska sporočila - Bančne identifikacijske kode (BIC)

Ta mednarodni standard določa elemente in strukture enotne identifikacijske kode, bančne identifikacijske kode (BIC), za finančne in nefinančne ustanove, za katere je takšen mednarodni identifikator zahtevan za lažjo samodejno obdelavo podatkov za finančne storitve. Koda BIC se uporablja za naslavljanje sporočil, usmerjanje poslovnih transakcij in prepoznavo poslovnih strank. Ta mednarodni standard se uporablja za organizacije in ne zajema posameznikov.

General Information

Status
Published
Publication Date
26-Nov-2014
Current Stage
9092 - International Standard to be revised
Start Date
02-Nov-2021

RELATIONS

Buy Standard

Standard
ISO 9362:2014 - Banking -- Banking telecommunication messages -- Business identifier code (BIC)
English language
6 pages
sale 15% off
Preview
sale 15% off
Preview
Standard
ISO 9362:2020
English language
9 pages
sale 10% off
Preview
sale 10% off
Preview
e-Library read for
1 day

Standards Content (sample)

INTERNATIONAL ISO
STANDARD 9362
Fourth edition
2014-12-01
Banking — Banking
telecommunication messages —
Business identifier code (BIC)
Banque — Messages bancaires télétransmis — Code d’identification
des entreprises (BIC)
Reference number
ISO 9362:2014(E)
ISO 2014
---------------------- Page: 1 ----------------------
ISO 9362:2014(E)
COPYRIGHT PROTECTED DOCUMENT
© ISO 2014

All rights reserved. Unless otherwise specified, 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 the internet or an intranet, without prior

written permission. Permission can be requested from either ISO at the address below or ISO’s member body in the country of

the requester.
ISO copyright office
Case postale 56 • CH-1211 Geneva 20
Tel. + 41 22 749 01 11
Fax + 41 22 749 09 47
E-mail copyright@iso.org
Web www.iso.org
Published in Switzerland
ii © ISO 2014 – All rights reserved
---------------------- Page: 2 ----------------------
ISO 9362:2014(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 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

© ISO 2014 – All rights reserved iii
---------------------- Page: 3 ----------------------
ISO 9362:2014(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 on the meaning of ISO specific terms and expressions related to conformity

assessment, as well as information about ISO’s adherence to the WTO principles in the Technical Barriers

to Trade (TBT) see the following URL: Foreword - Supplementary information

The committee responsible for this document is ISO/TC 68, Financial Services, Subcommittee SC 7,

Core Banking.

This fourth edition cancels and replaces the third edition (ISO 9362:2009), which has been

technically revised.
iv © ISO 2014 – All rights reserved
---------------------- Page: 4 ----------------------
ISO 9362:2014(E)
Introduction

This International Standard 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 original scope of this International Standard was limited to the identification of banks; consequently,

the acronym “BIC” was used as an abbreviation for “bank identifier code”. The scope of this International

Standard has since been extended, in the first place to cover all types of financial institutions, and in the

2009 edition of this International Standard, to cover non-financial institutions as well.

This new edition will take into account recent market evolution and address the need to ensure the

standard is neutral and agnostic from any network.

In order to avoid unnecessary costs that would have resulted from abandoning a well-known and widely-

used acronym, the acronym “BIC” has been retained for the purposes of this International Standard, but

is now used as an abbreviation for “business identifier code”.

The implementation of this International Standard will be completed by the Registration Authority (RA)

by the end of January 2015. To mitigate for the operational impacts on the users of this International

Standard, the RA will exceptionally continue to respect the BIC1 convention (as defined in ISO 9362:2009)

for SWIFTNet FIN connectivity as part of this International Standard Registration Procedures during a

transition period that will end in November 2018.
© ISO 2014 – All rights reserved v
---------------------- Page: 5 ----------------------
INTERNATIONAL STANDARD ISO 9362:2014(E)
Banking — Banking telecommunication messages —
Business identifier code (BIC)
1 Scope

This International Standard 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

identif
...

SLOVENSKI STANDARD
SIST ISO 9362:2020
01-februar-2020
Nadomešča:
SIST ISO 9362:1995
Bančništvo - Bančna telekomunikacijska sporočila - Bančne identifikacijske kode
(BIC)
Banking -- Banking telecommunication messages - Business identifier code (BIC)

Banque -- Messages bancaires télétransmis -- Code d'identification des entreprises

(BIC)
Ta slovenski standard je istoveten z: ISO 9362:2014
ICS:
03.060 Finance. Bančništvo. Finances. Banking. Monetary
Monetarni sistemi. systems. Insurance
Zavarovanje
SIST ISO 9362:2020 en

2003-01.Slovenski inštitut za standardizacijo. Razmnoževanje celote ali delov tega standarda ni dovoljeno.

---------------------- Page: 1 ----------------------
SIST ISO 9362:2020
---------------------- Page: 2 ----------------------
SIST ISO 9362:2020
INTERNATIONAL ISO
STANDARD 9362
Fourth edition
2014-12-01
Banking — Banking
telecommunication messages —
Business identifier code (BIC)
Banque — Messages bancaires télétransmis — Code d’identification
des entreprises (BIC)
Reference number
ISO 9362:2014(E)
ISO 2014
---------------------- Page: 3 ----------------------
SIST ISO 9362:2020
ISO 9362:2014(E)
COPYRIGHT PROTECTED DOCUMENT
© ISO 2014

All rights reserved. Unless otherwise specified, 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 the internet or an intranet, without prior

written permission. Permission can be requested from either ISO at the address below or ISO’s member body in the country of

the requester.
ISO copyright office
Case postale 56 • CH-1211 Geneva 20
Tel. + 41 22 749 01 11
Fax + 41 22 749 09 47
E-mail copyright@iso.org
Web www.iso.org
Published in Switzerland
ii © ISO 2014 – All rights reserved
---------------------- Page: 4 ----------------------
SIST ISO 9362:2020
ISO 9362:2014(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 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

© ISO 2014 – All rights reserved iii
---------------------- Page: 5 ----------------------
SIST ISO 9362:2020
ISO 9362:2014(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 on the meaning of ISO specific terms and expressions related to conformity

assessment, as well as information about ISO’s adherence to the WTO principles in the Technical Barriers

to Trade (TBT) see the following URL: Foreword - Supplementary information

The committee responsible for this document is ISO/TC 68, Financial Services, Subcommittee SC 7,

Core Banking.

This fourth edition cancels and replaces the third edition (ISO 9362:2009), which has been

technically revised.
iv © ISO 2014 – All rights reserved
---------------------- Page: 6 ----------------------
SIST ISO 9362:2020
ISO 9362:2014(E)
Introduction

This International Standard 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 original scope of this International Standard was limited to the identification of banks; consequently,

the acronym “BIC” was used as an abbreviation for “bank identifier code”. The scope of this International

Standard has since been extended, in the first place to cover all types of financial institutions, and in the

2009 edition of this International Standard, to cover non-financial institutions as well.

This new edition will take into account recent market evolution and address the need to ensure the

standard is neutral and agnostic from any network.

In order to avoid unnecessary costs that would have resulted from abandoning a well-known and widely-

used acronym, the acronym “BIC” has been retained for the purposes of this International Standard, but

is now used as an abbreviation for “business identifier code”.

The implementation of this International Standard will be completed by the Registration Authority (RA)

by the end of January 2015. To mitigate for the operational impacts on the users of this International

Standard, the RA will exceptionally continue to respect the BIC1 convention (as defined in ISO 9362:2009)

for SWIFTNet FIN connectivity as part of this International Standard Registration Procedures during a

transition period that will end in November 2018.
© ISO 2014 – A
...

Questions, Comments and Discussion

Ask us and Technical Secretary will try to provide an answer. You can facilitate discussion about the standard in here.