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 location. This code ensures that funds are sent to the correct financial institution across borders. When sending money internationally, using the correct SWIFT Code is crucial to avoid delays or misdirected payments. Each bank has its own specific code, which can usually be found on the bank's website or by contacting customer service.