Bankers Almanac Becomes Authorised Re-Distributor of SWIFT Bank Identification Codes

LONDON - Bankersalmanac.com, the leading provider of reference data for payments, due diligence and risk assessment today announced an agreement with the Society for Worldwide Interbank Financial Telecommunication (SWIFT) to become an authorised re-distributor of Bank Identification Codes (BICs).

Bankersalmanac.com will continue to collect settlement codes directly from authorised banks worldwide and will supplement this with a direct feed from SWIFT, the official issuing authority of BICs.

Commenting on the agreement, Kerry Hewson, Director of Bankers’ Almanac said “We are pleased to announce this agreement with SWIFT. Bankers’ Almanac has always had a history of working with industry authorities such as SWIFT and an ongoing commitment to providing the most accurate payments data to its customers. By including the BIC information directly from SWIFT within Bankersalmanac.com, it will help to improve the efficiency and effectiveness of our client’s transactions.”

Notes to editors

About Bankers Almanac

Bankers’ Almanac is the leading source of intelligent reference data for payments, compliance and risk assessment. For over 160 years it has been a single point of reference for global banking information. Its Due Diligence Repository contains primary data required by banks, to conduct compliance checks on their counterparties.

Bankers’ Almanac is proud to partner some of the most influential financial associations and continues to evolve its reference data solutions to meet the needs of the industry. With offices in Europe, Asia and USA, Bankers’ Almanac is in continuous contact with banks and regulatory authorities to provide up-to-date, verified data that can be consistently relied upon.

Contact: Jane Sutton, Marketing Manager Tel: +44(0)1342-335932

Source: Bankersalmanac.com

Contact: Jane Sutton, Marketing Manager, Tel: +44(0)1342-335932