Tools for Business

Handling money overseas

If you buy or sell items internationally, the common way to pay for them is through wire transfers, done at your local bank. Some people use the term "T/T" (for telegraphic transfer) - but it's all the same thing. Your bank (or your overseas customer/vendor) needs the following: If you need to look up a Swift number (also called a BIC - bank identifier code), go to Select BIC directory and enter the bank name.

If you need to look up an IBAN number, go to and click on Country Information