Are SWIFT codes used in India only?
Yes, banks in the United States use SWIFT codes for international financial transactions. When a customer in the U.S. needs to send or receive money from an international recipient, a SWIFT code is required to identify the U.S. bank involved in the transfer. While the U.S. does not use IBANs for its domestic accounts, it fully integrates with the international SWIFT network for global wire transfers. For domestic transactions within the United States, however, U.S. banks rely on other identifiers, such as nine-digit routing numbers, rather than SWIFT codes.
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