I'm not sure if it's called like that but this: > BIC + IBAN is often the cheapest way to transfer money internationally and is now free of charge* in much of

I'm not sure if it's called like that but this: > BIC + IBAN is often the cheapest way to transfer money internationally and is now free of charge* in much of Europe under EU/EEA directive 2560/2001. BIC + IBAN international bank transfers are faster, more efficient, and low-cost as they are sent directly through the SWIFT interbank network without using intermediary banks (who deduct charges or fees for their service). IBAN will be progressively introduced in most OECD countries to allow Straight Through Processing of cross border payments. from https://www.auctionfeecalculator.com/iban-transfers.html https://www.auctionfeecalculator.com/iban-transfers.html