Every bank has its own Bank Identifier Code (BIC). This ensures that international payment transfers reach the correct bank. The BIC is also known as a SWIFT address or SWIFT code. ING’s BIC is: INGBNL2A. To receive money from abroad into your Business account, you may be asked for ING’s address. You can provide the following:
ING Bank N.V.
Foreign Operations
PO Box 1800
1000 BV Amsterdam
The International Bank Account Number (IBAN) identifies each account holder, including the bank and country of registration. Thanks to the unique IBAN, banks can process payments fully automatically, without requiring additional information. It is therefore essential that the account details on your invoice for business payments display a correct IBAN.
"}},{"componentType":"promotionalBanner","icon":{"transformBaseUrl":"https://assets.ing.com/transform/d27618f8-536e-4772-b86f-5119edab45ae/Circle-Coins-5","type":"image","width":64,"original":"https://assets.ing.com/m/7e4f399ea022700/original/Circle-Coins-5.svg","extension":"svg"},"body":"New: Currency Exchange. Quickly exchange currencies at competitive rates between your Business account and Foreign currency account.","date":{},"textLink":{"url":"/en/business/payments/international-payments/currency-exchange","text":"Try it yourself"}},{"componentType":"paragraph","title":"Mandatory","richBody":{"value":"Since 1 January 2007, BIC and IBAN have been mandatory for transfers to countries within the European Economic Area. This is the result of European banking regulations. A correct IBAN and BIC can only be obtained via the beneficiary (or their bank). Without the relevant IBAN and BIC, the foreign bank may reject your payment instruction and return it, possibly deducting additional fees. You may not receive the full amount back. In the standard payment screen, ING automatically fills in the BIC. In the International Business Payment screen, this is not always done, as IBAN has not yet been implemented worldwide. Therefore, in some cases, you will need to enter the correct BIC yourself. The screen will explicitly ask for a BIC in those cases.
"}},{"componentType":"paragraph","title":"IBAN / BIC code of your own account","richBody":{"value":"You can find your IBAN on the statement of your business account, in the account overview in the ING App or in My ING business.
The BIC of ING is: INGBNL2A
An example of a correct IBAN code is: NL20INGB0001234567
The IBAN code consists of a country code: in this example NL. This is followed by a check digit. In this example is it 20. After the check digit comes the bank code. ING’s bank code is: INGB. Finally, the account number follows (a total of 10 digits, add leading zeros if necessary).
"}},{"componentType":"paragraph","title":"What is a \"branch code\"?","richBody":{"value":"In some countries, a “branch code” is required. If a bank branch is involved, three characters are added to the BIC, making it 11 characters long. This is often seen with banks in Germany, the United Kingdom or France.
To standardise the number of characters in the BIC, XXX may be added. In the case of a payment to an ING bank account, this becomes: INGBNL2AXXX.
Include your IBAN and BIC on your letterhead and invoices. This allows international partners to use your IBAN for their payments. Be sure to keep this in mind when ordering new printed materials.
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