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ACI

3I0-013 · Question #120

What is the Bank Identifier Code (BIC)?

The correct answer is A. Aworldwide unique identification code for both financial and non-financial institutions. See the full explanation below for the reasoning.

Question

What is the Bank Identifier Code (BIC)?

Options

  • AAworldwide unique identification code for both financial and non-financial institutions
  • BAunique identification code for European financial institutions
  • CThe shortformoftheIBAN-code
  • DAunique access-code to SWIFT-platforms

How the community answered

(29 responses)
  • A
    83% (24)
  • B
    3% (1)
  • C
    3% (1)
  • D
    10% (3)

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