This month, the UK Financial Services Authority (FSA) has indicated that transaction reporting firms under MiFID will need to obtain a bank identifier code (BIC) in order to be in compliance with wider European level regulations. SWIFT and BIC codes, they have all the records on all international banks. SEPA payments require both BIC and IBAN. The full name and address of the Beneficiary's Bank. SWIFT CODE is the banking route for money remittance. A BIC can be combined with the details provided by the IBAN to provide automated international funds transfers.

CountryCityBank NameBranchSWIFT
Germany Saarbruecken Saarlandische Investitionskreditbank Aktiengesellschaft Saarlandische Investitionskreditbank Aktiengesellschaft SIKBDE51XXX