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A short definition of SWIFT BIC and IBAN for your reference

IBAN (International Bank Account Number):

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    An IBAN is a series of alphanumeric characters (up to 34, dependent on country) that uniquely identifies an account held at any bank anywhere in the world.

SWIFT BIC (Bank Identifier Code):

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    This is an international bank code allocated by SWIFT (Society for Worldwide Interbank Financial Telecommunication), a global telecommunications service organization run by the worlds financial institutions for foreign remittances, and other financial telecommunication services.

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    This code is composed of either 8 - 11 alphanumeric characters.

How to enter 'IBAN' and 'SWIFT BIC' on BTMU-GCMS Money Transfer Template Creation screen