![]() ![]() The monetary policy of the United States is conducted by the Federal Reserve System, which acts as the nation's central bank. banknotes are issued in the form of Federal Reserve Notes, popularly called greenbacks due to their predominantly green color. dollar at par with the Spanish silver dollar, divided it into 100 cents, and authorized the minting of coins denominated in dollars and cents. The Coinage Act of 1792 introduced the U.S. IFSC is an Indian Financial System Code which is an alphanumeric 11-digit code. The United States dollar is the official currency of the United States and several other countries. Please note that the beneficiary’s account number and full address are required to initiate any international money transfer.ĪBA routing number also known as Routing Transfer Number (RTN) is a 9-digit code. Your beneficiary can provide the IBAN for your transfer or if paying to your own account, your overseas bank can provide these details. IBAN should be provided for all payments to the EU/EEA, UK and some non-European countries including most states of the Middle East, e.g UAE, as well as North Africa and the Caribbean region. The length ranges from 15 to over 30 alphanumeric characters. IBAN is an international bank account number. You can contact the receiving bank/recipient for the details or use the ‘look up bank’ function in Westpac Online Banking when adding a new payee. SWIFT/BIC code, also known as Bank Identifier Code (BIC) is an 8-11 alphanumeric code used to identify a bank. ![]() Typical bank details required to initiate an international money transfer include: ![]()
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