A SWIFT Code, also known as a BIC (Bank Identifier Code), is a unique identifier used to facilitate international money transfers between banks. It consists of 8 to 11 characters, which include letters and numbers that represent the bank, country, and branch location. This code ensures that funds are sent to the correct financial institution across borders. When you send money internationally, your bank uses the SWIFT Code to identify the recipient's bank, making the transaction secure and efficient. Each bank has its own specific SWIFT Code, which can usually be found on the bank's website or by contacting customer service.