SWIFT Message integration

Few basics concepts of SWIFT Message.

1) Bank Identifier Code or Swift Code, BIC code (BIC) :

The Bank identifier code is also known as a BIC or BIC code, is a universal method
of identifying financial institutions in order to facilitate the automated processing of
payments. These codes are generally used financial institutions to perform business
between banks Such as wire transfers.

A BIC code consists of 8 or 11 continuous characters comprising:

•   Bank Code     :  4 Alphabetic characters identifying an Individual bank.  Example: "DEUT"  for  Deutsche  Bank.

•   Country Code : 2 Letters ISO Country Code such as DE for Germany

•  Location Code : 2 Alphanumerical characters(except zero) :  Identifies location of institution within the  code such as FF for Frankfurt.
• Branch Code    :  3 alphanumeric characters (Optional) : Identifies the specific office or branch.
  
  Example of Bank Identification Code :  DEUTDEFF100
  
  Complete details of the swift message and its format can be found in the following link
  http://publib.boulder.ibm.com/infocenter/wbihelp/v6rxmx/index.jsp?topic=%2Fcom.ibm.wbia_adapters.doc%2Fdoc%2Fswift%2Fswift72.htm