IBAN stands for International Bank Account Number. The IBAN consists of up to 34 alphanumeric characters comprising:
a country code (eg. DE for Germany),
two check digits, and
a number that includes the domestic bank account number, branch identifier, and potential routing information.
SWIFT/BIC: SWIFT stands for Society for Worldwide InterBank Financial Telecommunications. It is an international bank code that identifies particular banks worldwide. It’s also known as a Bank Identifier Code (BIC). A SWIFT code consists of 8 or 11 characters.
In order to transfer your compensation, our accounting team needs both your IBAN and your SWIFT/BIC. That’s why you received an email asking you for them.
If you do not know your IBAN and SWIFT/BIC, please get in touch with your bank: they will be able to provide you with this information.