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BS ISO 9362:2014 pdf free

BS ISO 9362:2014 pdf free.Banking一Banking telecommunication messages一Business identifier code
BS ISO 9362 specifies the elements and structure of a universal identifier code, the business identifier code (BIC), for financial and non-financial institutions, for which such an international identifier is required to facilitate automated processing of information for financial services.
The BIC is used for addressing messages, routing business transactions and identifying business parties.
This International Standard applies to organizations and excludes individual persons.
The following documents, in whole or in part, are normatively referenced in this document and are indispensable for its application. For dated references, only the edition cited applies. For undated references, the latest edition of the referenced document (including any amendments) applies.
ISO 3166-1, Codes for the representation of names of countries and their subdivisions一Part 1: Country codes
For the purposes of this document, the fllowing terms and definitions apply.
organization that is principally engaged in financial intermediation and/or in auxiliary financial activities
Note 1 to entry: Typically, the activity of a financial institution is the acquisition of financial assets while incurring liabilities on its own account by engaging in financial transactions in a market; for the purposes of providing payment, securities, banking, financial, insurance, or investment services or activities. A financial organization shall either be the following:
a) (i) licensed by or (ii) authorized by or (iii) registered with a Financial Market Regulator;
b) is subject to supervision by a Financial Market Regulator;
c) an international, supranational, intergovernmental, or national governmental body, or institution that as a main activity engages in payment, securities, banking, financial, insurance, or investment services or activities (including central banks).
organization that does not meet the criteria defined in 3.1, primarily established to offer goods or perform services other than financial services
Note 1 to entry: Some non-financial institutions may have secondary financial activities such as providing consumer credit to their customers, or treasury functions. However, such corporations will be classified on the basis of their main activity in the non-financial sector.BS ISO 9362 pdf download.


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