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Banking codes explained: SWIFT, CVC, IBAN

Understand these codes to make deposits and withdrawals easier.

Updated over a week ago

This guide explains what SWIFT, CVC, and IBAN codes mean and why they matter for secure payments.

What is a SWIFT code

  • A SWIFT code is a standard format of a Business Identifier Code.

  • It uniquely identifies banks worldwide and is used for international money transfers.

  • You can usually find it on your online banking portal or bank statement.

  • If you’re unsure, please contact your bank for assistance.

Example SWIFT Code (UK Bank)

The standard format is 8 or 11 characters: BARCGB22XXX

Breakdown:

  • BARC – Bank code (Barclays)

  • GB – Country code (United Kingdom)

  • 22 – Location code

  • XXX – Branch code (optional)

Important: This information is required when withdrawing funds via Telegraphic Transfer.


Tip: Always double-check your SWIFT code with your bank to avoid delays.


What is an IBAN number?

An IBAN (International Bank Account Number) helps identify bank accounts across borders.

  • An IBAN is used to identify bank accounts internationally.

  • It ensures your funds reach the correct account during cross-border transfers.

IBAN format

  • Up to 34 alphanumeric characters.

  • Begins with a two-letter country code, followed by numbers and letters that identify your bank and account.

When do I need an IBAN?

  • If you withdraw via Telegraphic Transfer, you’ll need your IBAN.

  • You can usually find it on your online banking portal or paper statement.

  • If you’re unsure, contact your bank for assistance.

Important: Always double-check your IBAN before submitting it to avoid delays.


Tip: Save your IBAN securely for future withdrawals.


What is a CVC number?

The CSC number adds an extra layer of security when making deposits with your card.

  • The CSC number is the last 3 digits on the signature panel on the back of your card.

  • You’ll need to enter this number whenever you make a deposit into your BetVictor account.

Why do I need to enter it every time?

  • Your card number is saved when you make a deposit, but the CSC number must be entered manually each time for added security.

  • This helps protect your account from unauthorised transactions.

Other names for CVC

The CSC number can also be referred to as:

  • CSC

  • CVN

  • CV2

  • CVV2

Important: Never share your CSC number with anyone.


Tip: If you can’t find the CSC, check the back of your card near the signature strip.

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