Question 1

Do you still need a BIC?

Accepted Answer

Inside SEPA, most euro transfers no longer require one: the IBAN alone is enough. You will still be asked for a BIC on many international transfers, older payment forms and some payroll or invoicing systems.

Question 2

BIC or SWIFT code?

Accepted Answer

The same thing. BIC is the official name (Business Identifier Code, ISO 9362); SWIFT is the organisation that issues them, so the code is often called a SWIFT code.

Question 3

Why can’t a BIC be calculated from an IBAN?

Accepted Answer

An IBAN contains a national bank identifier, not the BIC. The two are linked by directories that each country’s central bank or payments body maintains, which is what this tool looks up.

Identifier	Primary BIC	Branch BICs	Status
101	MKKBHUHB	— none published	Current
182	MKKBHUHB	— none published	Current
504	MKKBHUHB	— none published	Current
569	MKKBHUHB	— none published	Current
571	MKKBHUHB	— none published	Current
574	MKKBHUHB	— none published	Current
576	MKKBHUHB	— none published	Current
589	MKKBHUHB	— none published	Current
591	MKKBHUHB	— none published	Current
592	MKKBHUHB	— none published	Current
593	MKKBHUHB	— none published	Current
595	MKKBHUHB	— none published	Current
596	MKKBHUHB	— none published	Current
598	MKKBHUHB	— none published	Current
632	MKKBHUHB	— none published	Current
657	MKKBHUHB	— none published	Current
736	MKKBHUHB	— none published	Current

MBH

BIC / SWIFT codes · 1

Bank identifiers in Hungary IBANs · 17