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In case of a EU-standard bank transfer, the BIC/SWIFT-Code must be indicated! This is therefore the case for all Euro-currency-countries!
Only if you enter the IBAN and BIC-/SWIFT-Code, payment will be effected at domestic bank transfer conditions.
IBAN (International Bank Account Number)
The IBAN ist a standard developed by the ISO (ISO 13616) for enabling a consistent description of the banking details (bank and bank account).
It was established to make the declaration of the bank account of the payee standardized and checkable transnationally.
It is an internationally standardized way of declaring the accounting connection, which includes the country (of the bank),
the national bank code (which is the BLZ in Austria), the account number (of the payee) and the error checking number.
Please make sure that you enter the IBAN without blanks.
BIC- /SWIFT-Code
The 11-digit SWIFT-address (Society for Worldwide Interbank Financial Telecommunication)
the 8-digit BIC-Code (Bank Identifying Code) respectively is a combination,
which unmistakably identifies the bank in cross-border monetary transactions.
The first first 4 numbers indicate the bank, the 5. and 6. numbers indicate the country
(e.g. "AT" for Austria), the 7. and 8. number indicate the city
(e.g. "WW" for Vienna), as well as the last 3 numbers indicate the branch if necessary
(the last 3 numbers can be omitted).
Source (excerpt): Erste Bank der österreichischen Sparkassen AG
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