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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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