Global banks, EMIs/fintechs, and offshore financial institutions need a SWIFT/BIC code to send and receive international payment messages securely. Without it, your institution won’t be visible in the SWIFT network and counterparties may refuse to transact.
At FAS CPA & Consultants, we assist financial institutions, offshore banks, payment service providers, MSBs, and specialized entities in preparing, documenting, and submitting a SWIFT Code (BIC) application aligned with compliance, regulatory, and operational standards.
Our goal is simple: make your institution “message-ready” on SWIFT so you can operate internationally with credibility.
When you engage FAS CPA & Consultants, we guide you through the full SWIFT application lifecycle:
⇒ Initial assessment – we review your license, corporate structure, regulators, and operating model to confirm eligibility.
⇒ Documentation preparation – we help you assemble corporate, regulatory, and KYC documentation required for the SWIFT onboarding process.
⇒ Application drafting – we prepare the application package according to SWIFT standards and your institution’s profile.
⇒ Compliance alignment – we ensure your AML/CFT, sanctions, and governance framework is consistent with what SWIFT and counterparties expect.
⇒ Coordination with SWIFT / counterparties – we support communications related to your application.
⇒ Go-live guidance – once approved, we guide your team on next steps for production access, messaging categories, and ongoing compliance.
You focus on your banking or payment operation. We focus on getting you accepted.
Key Benefits
⇒ Global recognition – a SWIFT/BIC code gives your institution visibility in the international banking community.
⇒ Trust and credibility – counterparties, correspondent banks, and clients see you as a compliant, identified institution.
⇒ Faster settlements – standardized messaging shortens processing time and reduces errors.
⇒ Regulatory-ready documentation – our CPA-led team aligns the application with your licensing and compliance profile.
⇒ Specialized offshore experience – we already work with offshore banks and non-U.S. financial entities.
Requirements (Typical)
Exact requirements may vary by jurisdiction, regulator, and SWIFT’s current onboarding criteria, but institutions should expect to provide:
⇒ Valid banking / financial services license
⇒ Proof of legal existence and good standing
⇒ Organizational chart and UBO disclosure
⇒ Compliance and AML policy documents
⇒ List of authorized signatories / officers
⇒ Operating address and IT/payment infrastructure details
⇒ Evidence of regulatory supervision
⇒ Board authorization to apply for SWIFT/BIC
If you are missing any of these, we can help you structure the documentation or tell you what needs to be created first.
Timeline & Fees
The time to complete a SWIFT code application depends on:
⇒ Your licensing status and documentation quality
⇒ Your jurisdiction and regulator
⇒ SWIFT’s review time and any clarification requests
Because of this, we quote SWIFT application projects individually.
👉 Contact FAS CPA & Consultants to receive a tailored proposal for your institution’s SWIFT code application.
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This service is designed for:
How It WorksStep 1 – Discovery & Eligibility Check
We review your license (banking, EMI, MSB, payment institution), ownership, and jurisdiction to confirm that a SWIFT application is viable at this stage.
Step 2 – Documentation Build-Up
We help you compile:
⇒ Corporate docs (COI, bylaws, ownership charts)
⇒ Regulatory approval / banking license
⇒ Compliance manuals (AML/CFT, sanctions, KYC)
⇒ Board resolutions, authorized signatories
⇒ Operating address and IT/ops details
Step 3 – Application Preparation
We draft the application in line with SWIFT requirements and the nature of your institution (bank vs. non-bank financial entity).
Step 4 – Submission & Follow-Up
We assist with submission and clarifications requested during review.
Step 5 – Post-Approval Guidance
We advise on production readiness, user profiles, and ongoing compliance so your SWIFT code remains valid.
$10K
And includes
It is a unique identifier used by banks and financial institutions to send secure financial messages worldwide. Without it, your institution is not fully visible in the SWIFT network.
Yes, provided it is properly licensed, supervised, and can present a complete compliance framework. We help you align these elements before you apply.
In many cases, yes or at least a clear operating model. We can discuss your structure and tell you what should come first (license → correspondent → SWIFT, or parallel tracks).
Some regulated non-bank entities can, depend on their supervision, purpose, and documentation. We will evaluate your case.
Yes. We are a CPA firm, so we can support your bookkeeping, financial statements, and tax/reporting once your banking/payment operation is running.
Chat Directly With our CPA.
Send us yours questions.
Talk to our experts directly.
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Thanks to FAS & CPA Consultants and Fulton Abraham Sanchez, CPA, I was able to resolve a debt of $479,677.71 that I had with the IRS.
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My experience with FAS CPA & Consultants has been incredible, their professionalism is impeccable. I highly recommend them.
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I highly recommend FAS CPA & Consultants, they are responsible, efficient and very dedicated.
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Fulton is a wonderful CPA who fully understands tax law and provides honest advice for his clients.