أنشئ حسابًا أو سجّل الدخول للانضمام إلى مجتمعك المهني.
Yes you are right the BIC stands for Bank identifier code and the part of IBAN (International Bank Account number). Each account is been given a unique IBAN number by banks for receiving and paying funds through international payment and remittance systems.
All the central around the globe is moving towards IBAN for safe and error free international transfers.
