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    Question

    The other name for SWIFT code

    is
    A BIC Correct Answer Incorrect Answer
    B UTR Correct Answer Incorrect Answer
    C IFSC Correct Answer Incorrect Answer
    D IMPS code Correct Answer Incorrect Answer
    E MICR code Correct Answer Incorrect Answer

    Solution

    SWIFT- Society for World-wide Inter Bank Financial Telecommunications is used to transfer finance from one bank to another and from one country to another. The SWIFT net network consists of a SWIFT code also Known as BIC code (Business Identification Code).

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