GLEIF and Swift Launch BIC-to-LEI Relationship File
Open-source model will streamline entity verification processes and reduce data management costs.
The BIC-to-LEI relationship file is built using a mapping process established by Swift and certified by GLEIF. It is published on the GLEIF website in CSV format and will be updated monthly.
As of February 2018, more than one million LEIs have been issued to legal entities globally. Of roughly 130,000 BICs currently assigned, about 45,000 pertain to organizations that are legal entities or foreign branches, and therefore qualify for the mapping against LEIs.
The open-source BIC-to-LEI
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