It leads to simplification of an operational environment of work of the organisation and cuts expenses on the maintenance of two various technical infrastructures. Advantages of SWIFTNet FIN. In this case the connecting organisation bears full responsibility before SWIFT for the organisation of safe work of the connected User. In this case the connecting organisation bears full responsibility before SWIFT for the organisation of safe work of the connected User. Also it is known as SWIFT-BIC (English Business Identifier Codes) BIC code SWIFT ID or SWIFT code. The integrated package of administered services of transfer of the formalized messages SWIFT (Society for Worldwide Interbank Financial Telecommunications) - the international interbank system of information transfer and fulfilment of payments.