Swift code

[eash]

Is a bank's swift code the same as a bic code?
I'm expecting some tax back from Australia and the tax people there have asked for my swift and IBAN codes. My statement only seems to have a BIC and IBAN on it so I was just wondering if SWIFT and BIC were the same?
Thanks!

[khana]

Yes, they are both exactly the same thing.

[kempie]

SWIFT is the Society for Worldwide Interbank Financial Telecommunication and is the designated registration authority for the assignment of BICs.

http://www.swift.com/biconline/index.cfm?fusea ction=display_aboutbic

[ksatish181]

The Society for Worldwide Interbank Financial Telecommunication (SWIFT) (also known as ISO 9362, SWIFT-BIC, BIC code, SWIFT ID or SWIFT code) is a standard format of Business Identifier Codes approved by the International Organization for Standardization (ISO). It is a unique identification code for both financial and non-financial institutions. (When assigned to a non-financial institution, a code may also be known as a Business Entity Identifier or BEI.) These codes are used when transferring money between banks, particularly for international wire transfers, and also for the exchange of other messages between banks. The codes can sometimes be found on account statements. SWIFT and BIC codes are basically the same.
The SWIFT code is 8 or 11 characters,

http://www.ifscswiftcodes.com/Bank-SWIFT-Codes/