We understand this may cause issues for firms who need to implement the new code and we are working very hard to get the system ready. These 'BIC12's are not part of the ISO standard, and are only relevant in the context of the messaging platform. SWIFT network) 3 letters or digits: branch code, optional ('XXX' for primary office) Where an 8-digit code is given, it may be assumed that it refers to the primary office. These 'BIC12's are not part of the ISO standard, and are only relevant in the context of the messaging platform. This is with a view to ensuring entity data is consistent across the MiFID compliant landscape and the regulator is able to identify each firm correctly. New Zealand has not adopted any of the other codes. BIC Subject Codes A key part of the ONIX project is to ensure that BIC, the international subject classification standard, meets the requirements of the Australian industry.

CountryCityBank NameBranchSWIFT
Iraq Baghdad DAR ES Salaam Investment Bank DAR ES Salaam Investment Bank DSIVIQBAXXX