Online services : Terms and Conditions

This section contains the terms and conditions that apply to the online services available on www.swift.com

Free BIC search on swift.com

The BIC Search service is proposed by SWIFT SCRL (“SWIFT”), with registered address at 1, Avenue Adèle, B-1310 La Hulpe, Belgium, with company registration no. 0413.330.856 (hereafter “SWIFT”).

BIC Search is available to any person accessing the service on the website www.swift.com (hereafter “You”).

You will find hereafter the terms and conditions to access and use the information on
BIC Search (hereafter “the Terms of Use”). Please carefully read these terms and conditions before using BIC Search. The Terms of Use will always be accessible by clicking on the "Terms of Use" icon on the BIC Search homepage.

 

1. DESCRIPTION: BIC Search offers access to data published in the BIC Directory. It targets occasional users of BIC data. The BIC Directory is a directory published by SWIFT, containing the list of bank identifier codes registered under the ISO 9362 standard. The BIC Directory includes the registered BICs, the name and address of the corresponding entities, and may, at SWIFT’s discretion, include additional information.

2. GRANT OF LICENSE: SWIFT grants to You a non-exclusive right to:
a. access and use non substantial parts of the information on BIC Search for private or internal purposes;
b. insert a direct hyperlink from Your website to the BIC Search homepage, under the conditions specified in the terms of use of the website www.swift.com (accessible at the bottom of any page of www.swift.com).

SWIFT does not grant You the right to:
a. use the information otherwise than as permitted by these Terms of Use;
b. download the information from BIC Search;
c. modify the information from BIC Search;
d. use the entire or any substantial part of the information from BIC Search with or into another product;
e. copy or use substantial parts of the information on BIC Search, such as, but not limited to, performing systematic queries with the aim to reproduce the entire or substantial parts of the BIC Directory;
f. distribute, transmit, commercialize publish or otherwise provide copies to third parties of the information, with or without compensation, except as permitted under b) in the above paragraph;

3. INTELLECTUAL PROPERTY : Any and all rights in the BIC Directory and BIC Search and its content, including intellectual property rights and database producer’s rights, shall remain with SWIFT and/or its third party licensors. BIC Search may include information or codes whose proprietary rights belong to a third party and these Terms of Use equally apply to such information and codes.

4. LIMITED WARRANTY: Although SWIFT has used all reasonable efforts to ensure accuracy of the contents, SWIFT assumes no liability whatsoever for any inadvertent errors or omissions that may appear on BIC Search.

The information displayed on BIC Search is the one as available in the last off-line publication of the BIC Directory and is updated every quarter with the data contained in such off-line publication. For SWIFT users, it should be combined with updates received through broadcast messages to obtain the last up-to-date version of the BIC Directory.

To the extent permitted by law, the product is provided on an “as is” basis. SWIFT disclaims all other warranties and conditions, either express or implied. including but not limited to implied warranties of merchantability, title, non-infrigement and fitness for a particular purpose.

5. COMPENSATION: The BIC Search service is currently granted to You free of charges.

6. LIABILITY: The provisions of this section 7 materially limit the potential liability of SWIFT and you acknowledge that the inclusion of such provisions in in this Terms of Use constitutes a material portion of the consideration received by You.

SWIFT shall not be liable for any indirect, special or consequential damages whatsoever, even if SWIFT has been advised of the possibility of such damages. SWIFT's maximum aggregate liability to You for direct damages shall not exceed 1000 EURO.

7. TERM: The term during which the BIC Search service is made available is subject to SWIFT’s sole discretion. You agree that nothing in these Terms of Use may be construed as limiting SWIFT’s right to suppress the BIC Search service, to change any of the provisions of the Terms of Use, or to submit the access and use of the BIC Search service to new conditions, such as registration and/or payment.

8. TERMINATION FOR DEFAULT: Your access to BIC Search will be terminated by SWIFT if you fail to comply with any of the Terms of Use.

9. APPLICABLE LAW AND JURISDICTION: the Terms of Use shall be governed by and construed in accordance with the laws of Belgium and subject to the exclusive jurisdiction of the courts of Brussels, Belgium.

10. GENERAL: The Terms of Use, as completed with the terms of use of the website www.swift.com, constitute the entire agreement between You and SWIFT as regards BIC Search, superseding any other agreement or discussions, oral or written.

 

SWIFT reserves its right to modify any provision of the Terms of Use at any time, subject to a 10 days prior notice on the BIC Search homepage.

If any provision of the Terms of Use is declared by the courts of Brussels to be invalid, illegal, or unenforceable, such a provision shall be severed from the Terms of Use and the other provisions shall remain in full force and effect.

You may not assign the Terms of Use voluntarily, by operation of law, or otherwise.