--- title: "Bofa Securities Europe S.A. SWIFT/BIC code BOFAFRP3XXX · France | Elucidate" description: "Significant institution directly supervised by the ECB. SWIFT/BIC code BOFAFRP3XXX for Bofa Securities Europe S.A., France. 6 branch BICs." url: https://elucidate.co/directory/bofa-securities-europe-s-a-bofafrp3 --- 1. [Directory](https://elucidate.co/directory) 2. [France](https://elucidate.co/directory/country/fr) 3. Bofa Securities Europe S.A. ![BofA Securities logo](https://elucidate.co/images/banks/a7/a7e869c7921136aa.svg) France · Credit institution # Bofa Securities Europe S.A. Legal name in the LEI record BOFA SECURITIES EUROPE SA BofA Securities Europe SA (BofASE) is a French société anonyme headquartered at 51 rue La Boétie, Paris. It is authorised as a credit and investment institution (établissement de crédit et d'investissement). The bank is an indirect wholly owned subsidiary of Bank of America Corporation. NB Holdings Corporation holds 99.9% of its shares. Bank of America describes it as the group's broker-dealer for clients in the European Economic Area. Its activities cover equities, fixed income, currencies and commodities, capital markets services and investment research. It was incorporated in September 2018 as BofAML Securities Europe SA and took its current name in November 2018. ECB · Single Supervisory Mechanism Directly supervised by the ECB Total assets EUR 100–150 bn Supervised group head BIC **BOFAFRP3XXX** LEI **[549300FH0WJAPEHTIQ77](https://search.gleif.org/#/record/549300FH0WJAPEHTIQ77)** Licence no. **Not on a tracked register** Connected to Swift [In a G-SIB group · Bank of America](https://elucidate.co/directory/bofa-securities-europe-s-a-bofafrp3#group) [ECB significant institution](https://elucidate.co/directory/bofa-securities-europe-s-a-bofafrp3#regulatory) Market operator · **3** MICs [**6** branch codes](https://elucidate.co/directory/bofa-securities-europe-s-a-bofafrp3#branches) [Group: Bank of America Corporation](https://elucidate.co/directory/group/9DJT3UXIJIZJI4WXO774) [Claim this profile](https://elucidate.co/directory/bofa-securities-europe-s-a-bofafrp3#claim) ## Licences and registrations Matched by LEI on the 22 tracked registers None matched by LEI in the 22 tracked registers. It is on the ECB list of supervised entities (see [Regulatory status](https://elucidate.co/directory/bofa-securities-europe-s-a-bofafrp3#regulatory)): that is banking supervision, not a licence on a tracked register. - The tracked registers cover payment, e-money, crypto and money-service firms in 37 countries. Bank licences from national supervisors are not tracked. ## Regulatory status ### FSB · global systemically important banks 2025 list - **G-SIB:** Bank of America - **Relation:** In a G-SIB groupGLEIF records a G-SIB entity as this legal entity’s ultimate parent. The bucket applies to the group, and membership does not make this entity a bank. - **Bucket:** 3 of 5 · extra capital buffer 2.0% of risk-weighted assets - **On the list since:** 2011 ### ECB banking supervision List of supervised entities as of 2026-07-01 - **Classification:** Significant institution - **Supervisor:** European Central Bank (direct supervision) - **Listed as:** BofA Securities Europe SA - **Entity type:** Credit institution (class 1 investment firm) - **Supervisory group:** Heads its own group - **Why significant:** Size (Total assets EUR 100-150 bn) ## European registers ### ESMA · MiFID II register Register as at 2026-09-28 | Entry | Competent authority | Authorised | Services or instruments | | --- | --- | --- | --- | | Investment services (MiFID II) | Autorité de Contrôle Prudentiel et de Résolution (ACPR) | 2018-11-13 | A1 A2 A3 A5 A6 A7 B1 | | Systematic internaliser | Autorité des Marchés Financiers (AMF) | 2019-01-01 | CRFT DPRS ETFS OTHR SHRS | | Systematic internaliser | Autorité des Marchés Financiers (AMF) | 2019-01-01 | CRFT DPRS ETFS OTHR SHRS | Service codes follow MiFID II Annex I: A for investment services, B for ancillary services. Hover a code for its meaning. Entries are matched on the LEI. Each register is quoted as its publisher lists it. ## Swift network Swift’s ISO 9362 BIC directory - **BIC:** BOFAFRP3XXX head office - **Connection to Swift:** Connected to Swift - **Swift GPI:** Not on the member list - **Payment schemes and systems:** No entry in the EPC registers, the ECB T2 and TIPS lists or the SIX Bank Master cites this BIC - **Branch codes:** [6 branch codes](https://elucidate.co/directory/bofa-securities-europe-s-a-bofafrp3#branches) - **BIC first registered:** 2018-12-22 - **Last updated:** 2023-12-06 ## Overview Researched 29 Sep 2026 · [Sources](https://elucidate.co/directory/bofa-securities-europe-s-a-bofafrp3#overview-sources) Total assets EUR 148.4bn This entity · 30 Jun 2026 · [interim report ↗](https://www.journal-officiel.gouv.fr/pages/balo-annonce-unitaire/?q.id=id_annonce%3A202609162603702111) Employees 501 headcount · This entity · 31 Dec 2025 · [annual report ↗](https://d1io3yog0oux5.cloudfront.net/_95829f9fe721311b082f43671db16d0e/bankofamerica/db/914/10565/pdf/2025.12.31_BofA_Securities_Europe_SA_French_Financials_ENG_ADA.pdf) Ownership Group subsidiary 99.9% NB Holdings Corporation Institution type Investment bank Trades as BofA Securities - **Ownership:** NB Holdings Corporation holds 99.9% and Merrill Lynch Group Holdings I, L.L.C. holds 0.1%, both within the Bank of America Corporation group. - **Direct parent:** NB Holdings Corporation, United States 99.9% - **Ultimate owner:** Bank of America Corporation, United States - **Head office:** 51 rue La Boétie, 75008 Paris, France - **Company register:** RCS Paris 842 602 690 - **Former name:** BofAML Securities Europe SA ### Business lines - Markets & trading - Investment banking - Brokerage - Custody & securities services According to its 2025 financial statements, its results come from Global Banking and Markets, which it divides into equity sales and trading, FICC sales and trading and global banking. ### Online - **Websites & references:** [business.bofa.com ↗](https://business.bofa.com/) [business.bofa.com/fr/en/about-us.html ↗](https://business.bofa.com/fr/en/about-us.html) Bank of America in France country page (BofASE) [investor.bankofamerica.com ↗](https://investor.bankofamerica.com/regulatory-and-other-filings/subsidiary-and-country-disclosures) Group investor relations page with BofASE factsheet and financial statements [Wikidata Q131535600 ↗](https://www.wikidata.org/wiki/Q131535600) - **Official social accounts:** [LinkedIn ↗](https://www.linkedin.com/company/bank-of-america-business) · [X ↗](https://x.com/bofa_business) · [YouTube ↗](https://www.youtube.com/@BankofAmerica) Sources · 9 pages consulted 1. [d1io3yog0oux5.cloudfront.net/\_95829f9fe721311b082f43671db16d0e/bankofamerica/db/909/9957/pdf/BofASE-factsheet-annual-u](https://d1io3yog0oux5.cloudfront.net/_95829f9fe721311b082f43671db16d0e/bankofamerica/db/909/9957/pdf/BofASE-factsheet-annual-update_2026+-final_ADA.pdf) 2. [d1io3yog0oux5.cloudfront.net/\_95829f9fe721311b082f43671db16d0e/bankofamerica/db/914/10565/pdf/2025.12.31\_BofA\_Securiti](https://d1io3yog0oux5.cloudfront.net/_95829f9fe721311b082f43671db16d0e/bankofamerica/db/914/10565/pdf/2025.12.31_BofA_Securities_Europe_SA_French_Financials_ENG_ADA.pdf) 3. [business.bofa.com/content/dam/flagship/fr/about-us/Mentions\_Legales\_March\_2023.pdf](https://business.bofa.com/content/dam/flagship/fr/about-us/Mentions_Legales_March_2023.pdf) 4. [business.bofa.com/fr/en/about-us.html](https://business.bofa.com/fr/en/about-us.html) 5. [investor.bankofamerica.com/regulatory-and-other-filings/subsidiary-and-country-disclosures](https://investor.bankofamerica.com/regulatory-and-other-filings/subsidiary-and-country-disclosures) 6. [bankingsupervision.europa.eu/press/pr/date/2026/html/ssm.pr260327~a4529c6c22.en.html](https://www.bankingsupervision.europa.eu/press/pr/date/2026/html/ssm.pr260327~a4529c6c22.en.html) 7. [investor.bankofamerica.com/corporate-governance/management-team-and-directors](https://investor.bankofamerica.com/corporate-governance/management-team-and-directors) 8. [journal-officiel.gouv.fr/pages/balo-annonce-unitaire/?q.id=id\_annonce%3A202609162603702111](https://www.journal-officiel.gouv.fr/pages/balo-annonce-unitaire/?q.id=id_annonce%3A202609162603702111) 9. [pappers.fr/entreprise/bofa-securities-europe-sa-842602690](https://www.pappers.fr/entreprise/bofa-securities-europe-sa-842602690) ## Leadership Researched 29 Sep 2026 · [Sources](https://elucidate.co/directory/bofa-securities-europe-s-a-bofafrp3#overview-sources) - **Chief executive:** Vanessa Holtz Chief Executive Officer, BofA Securities Europe, and France Country Executive (Directrice Générale, Executive Director) Confirmed 29 Sep 2026 · [business.bofa.com ↗](https://business.bofa.com/fr/en/about-us.html) - **Chair:** Thomas Woods Non-Executive Director, Chair of the Board Confirmed 29 Sep 2026 · [d1io3yog0oux5.cloudfront.net ↗](https://d1io3yog0oux5.cloudfront.net/_95829f9fe721311b082f43671db16d0e/bankofamerica/db/909/9957/pdf/BofASE-factsheet-annual-update_2026+-final_ADA.pdf) - **Executive:** Angèle Donadieu Directeur général délégué (deputy chief executive officer) Confirmed 29 Sep 2026 ## Supervisors & regulators Researched 29 Sep 2026 · [Sources](https://elucidate.co/directory/bofa-securities-europe-s-a-bofafrp3#overview-sources) - **European Union:** European Central Bank Prudential supervisor - **France:** Autorité de Contrôle Prudentiel et de Résolution (ACPR) Prudential supervisor AML supervisor Resolution - **France:** Autorité des Marchés Financiers (AMF) Conduct Securities - **European Union:** Single Resolution Board Resolution ## Recent events 1 enforcement or investigation item Researched 29 Sep 2026 · [Sources](https://elucidate.co/directory/bofa-securities-europe-s-a-bofafrp3#overview-sources) 1. Mar 2026 Enforcement The ECB imposed a EUR 6.2 million penalty on the bank for reporting wrongly calculated market-risk risk-weighted assets between 2022 and 2024. [bankingsupervision.europa.eu ↗](https://www.bankingsupervision.europa.eu/press/pr/date/2026/html/ssm.pr260327~a4529c6c22.en.html) Compliance-relevant events of the last three years, newest first: fines and enforcement, investigations, incidents, leadership changes, mergers and licence changes. Each links to its source. ## Identifiers Head-office record - **BIC:** BOFAFRP3XXX - **How the BIC breaks down:** 1. BOFA Bank 2. FR Country · France 3. P3 Location 4. XXX Branch · head office - **Branch description:** Not recorded in the directory - **LEI:** 549300FH0WJAPEHTIQ77 - **LEI record:** [View on GLEIF ↗](https://search.gleif.org/#/record/549300FH0WJAPEHTIQ77) - **How the LEI was matched:** BIC: Mapped to this BIC in the Swift and GLEIF BIC-to-LEI relationship file. - **National bank code:** [Code interbancaire (CIB) 12583](https://elucidate.co/directory/bofa-securities-europe-s-a-bofafrp3#bank-codes) ## Profile - **Type:** Credit institution - **Regulation:** Prudentially supervised (ECB list) - **Register licences:** None matched by LEI in the 22 tracked registersThe tracked registers cover payment, e-money, crypto and money-service firms in 37 countries. Bank licences from national supervisors are not tracked. - **Country · region:** France · Europe & Central Asia - **FSB G-SIB list:** [In a G-SIB group · Bank of America](https://elucidate.co/directory/bofa-securities-europe-s-a-bofafrp3#regulatory) list of 2025 - **Banking supervision:** [Significant · supervised by the ECB](https://elucidate.co/directory/bofa-securities-europe-s-a-bofafrp3#regulatory) as of 2026-07-01 - **Trading venues (MIC):** [Operates 3 MICs](https://elucidate.co/directory/bofa-securities-europe-s-a-bofafrp3#markets) list of 2026-09-17 - **OFAC sanctions:** No listing cites this BIC - **EU sanctions:** No listing matched this BIC or its LEI - **Country sanctions:** No country programme - **Founded:** 2018 Types come from Swift’s BIC classification, the licences on the 22 tracked registers, and the ECB and FSB bank lists. Most banks outside the euro area appear as financial institutions, because their supervisors’ registers are not tracked yet. ## Ownership and group GLEIF relationship records - **Direct parent:** [Bank of America Corporation](https://elucidate.co/directory/bank-of-america-corporation-mlcous33) · United States[9DJT3UXIJIZJI4WXO774 ↗](https://search.gleif.org/#/record/9DJT3UXIJIZJI4WXO774) - **FSB G-SIB list:** [In a G-SIB group · Bank of America](https://elucidate.co/directory/group/9DJT3UXIJIZJI4WXO774) bucket 3 · 2025 list GLEIF records a G-SIB entity as this legal entity’s ultimate parent. The bucket applies to the group, and membership does not make this entity a bank. The Bank of America Corporation group has 75 institutions in the directory, in 36 countries: all hold a BIC. Including [Bank of America, N.A.](https://elucidate.co/directory/bank-of-america-n-a-bofagb22), [Bank of America Europe Designated Activity Company](https://elucidate.co/directory/bank-of-america-europe-designated-activity-company-mlmbie2x), [Bank of America National Association, Hong Kong Branch](https://elucidate.co/directory/bank-of-america-national-association-hong-kong-branch-bofahkhx), [Bank of America, N.A.](https://elucidate.co/directory/bank-of-america-n-a-bofagb4t), [Bank of America, N.A.](https://elucidate.co/directory/bank-of-america-n-a-bofaus3n). [See the Bank of America Corporation group →](https://elucidate.co/directory/group/9DJT3UXIJIZJI4WXO774) Group membership follows the accounting-consolidation relationships reported to GLEIF. It does not show ownership shares or control. ## Addresses - **Registered address:** 51 RUE LA BOETIE PARIS 75008 FRANCE - **Operational address:** 51 RUE LA BOETIE PARIS 75008 PARIS FRANCE ## ISO 20022 identification As an agent in a Swift cross-border payment message (CBPR+) A CBPR+ message identifies this institution by its BIC, and may add its LEI or a clearing code. CBPR+ does not allow a name and postal address next to a BIC. - **Identified by:** BIC, with its LEI - **Roles in CBPR+:** Any agent, including the instructing and instructed agents ### CBPR+ For cross-border payments on Swift: the BIC, with the LEI and clearing code where known ```xml BOFAFRP3XXX 549300FH0WJAPEHTIQ77 ``` ### Full record Every ISO 20022 element the directory holds. Base ISO 20022 allows them together. CBPR+ does not allow a name and address next to a BIC ```xml BOFAFRP3XXX 549300FH0WJAPEHTIQ77 BOFA SECURITIES EUROPE S.A. PARIS FR 51 RUE LA BOETIE PARIS 75008 ``` The BIC, name and address are as published in Swift’s BIC directory. The LEI comes from the Swift and GLEIF BIC-to-LEI file. Check them against your own records before use. ## Market identifiers 3 trading venues and reporting services run under this LEI list of 2026-09-17 | MIC | Market | Kind | Category | | --- | --- | --- | --- | | MLEX | BOFA SECURITIES EUROPEBOFASE | Operating MIC | Systematic internaliser | | MLER | BOFA SECURITIES EUROPE - RFQBOFASE | Segment of MLEX | Systematic internaliser | | MLES | BOFA SECURITIES EUROPE - SYSTEMATIC INTERNALISERBOFASE | Segment of MLEX | Systematic internaliser | ## National bank codes ### Code interbancaire (CIB) · France 1 code | Code | Routes to BIC | Name in the national file | City | | --- | --- | --- | --- | | 12583 | BOFAFRP3XXX | BofA Securities Europe SA | PARIS | Each code shows the name in the national file. Smaller banks often route through a central institution’s BIC. A code can therefore belong to a different bank than the one on this page. ## Network ### Branch network All 6 branch BICs connect to the head office. They are all in Paris, and no function or registration year splits them further. ### Branch codes | BIC | Branch | City | Address | LEI | Updated | | --- | --- | --- | --- | --- | --- | | [BOFAFRP3FIC](https://elucidate.co/directory/bofa-securities-europe-s-a-bofafrp3-fic) | FICC PRODUCTS | Paris | 51 RUE LA BOETIE PARIS 75008 PARIS FRANCE | — | 2019-02-12 | | [BOFAFRP3MET](https://elucidate.co/directory/bofa-securities-europe-s-a-bofafrp3-met) | — | Paris | 51 RUE LA BOETIE PARIS 75008 PARIS FRANCE | — | 2021-09-25 | | [BOFAFRP3MT3](https://elucidate.co/directory/bofa-securities-europe-s-a-bofafrp3-mt3) | — | Paris | 51 RUE LA BOETIE PARIS 75008 PARIS FRANCE | — | 2026-02-14 | | [BOFAFRP3PLX](https://elucidate.co/directory/bofa-securities-europe-s-a-bofafrp3-plx) | — | Paris | 51 RUE LA BOETIE PARIS 75008 PARIS FRANCE | — | 2020-03-14 | | [BOFAFRP3SEG](https://elucidate.co/directory/bofa-securities-europe-s-a-bofafrp3-seg) | CLIENT MONEY | Paris | 51 RUE LA BOETIE PARIS 75008 PARIS FRANCE | — | 2019-02-12 | | [BOFAFRP3TSY](https://elucidate.co/directory/bofa-securities-europe-s-a-bofafrp3-tsy) | TREASURY | Paris | 51 RUE LA BOETIE PARIS 75008 PARIS FRANCE | — | 2019-02-12 | [See every BIC in France →](https://elucidate.co/directory/country/fr#bics) ## Related institutions ### Same group - [Bank of America, N.A. BIC BOFAGB22 Credit institution Prudential licence United Kingdom · On the FSB G-SIB list · LEI B4TYDEB6GKMZO031MB27](https://elucidate.co/directory/bank-of-america-n-a-bofagb22) - [Bank of America Europe Designated Activity Company BIC MLMBIE2X Credit institution Prudential licence Ireland · On the ECB list of supervised entities · LEI EQYXK86SF381Q21S3020](https://elucidate.co/directory/bank-of-america-europe-designated-activity-company-mlmbie2x) - [Bank of Africa Shanghai Branch BIC BMCECNSH Credit institution Prudential licence China · On the FSB G-SIB list · LEI 300300C1053231000032](https://elucidate.co/directory/bank-of-africa-shanghai-branch-bmcecnsh) - [Merrill Lynch International BIC MLILGB3L Financial institution Not on a tracked register United Kingdom · Not on a tracked register · LEI GGDZP1UYGU9STUHRDP48](https://elucidate.co/directory/merrill-lynch-international-mlilgb3l) - [Merrill Lynch Equities (Australia) Limited BIC MLEQAU2S Financial institution Not on a tracked register Australia · Not on a tracked register · LEI 5493000ZISK51SMQFR40](https://elucidate.co/directory/merrill-lynch-equities-australia-limited-mleqau2s) - [Bank of America Mexico, S.A., Institucion de Banca Multiple BIC BOFAMXMX Financial institution Not on a tracked register Mexico · Not on a tracked register · LEI HDUQYNW53X081TMBDI48](https://elucidate.co/directory/bank-of-america-mexico-s-a-institucion-de-banca-multiple-bofamxmx) - [Bofa Securities Inc BIC MTGSUS6S Financial institution Not on a tracked register United States · Not on a tracked register · LEI 549300HN4UKV1E2R3U73](https://elucidate.co/directory/bofa-securities-inc-mtgsus6s) - [Bank of America Corporation BIC MLCOUS33 Financial institution Not on a tracked register United States · Not on a tracked register · LEI 9DJT3UXIJIZJI4WXO774](https://elucidate.co/directory/bank-of-america-corporation-mlcous33) [All 75 institutions in the Bank of America Corporation group →](https://elucidate.co/directory/group/9DJT3UXIJIZJI4WXO774) ### Same name, different BIC - [Bofa Securities Europe S.A. BIC BOFAFRP4 Financial institution Not on a tracked register France · Not on a tracked register · No LEI mapped](https://elucidate.co/directory/bofa-securities-europe-s-a-bofafrp4) ### Largest institutions in France - [BNP Paribas BIC PARBFRP1 Financial institution Not on a tracked register France · Not on a tracked register · No LEI mapped](https://elucidate.co/directory/bnp-paribas-parbfrp1) - [Societe Generale BIC SOGEFRPP Credit institution Prudential licence France · On the FSB G-SIB list · No LEI mapped](https://elucidate.co/directory/societe-generale-sogefrpp) - [BNP Paribas BIC BNPAFRPP Credit institution Prudential licence France · On the ECB list of supervised entities · LEI R0MUWSFPU8MPRO8K5P83](https://elucidate.co/directory/bnp-paribas-bnpafrpp) - [Banque de France BIC BDFEFR2T Financial institution Not on a tracked register France · Not on a tracked register · No LEI mapped](https://elucidate.co/directory/banque-de-france-bdfefr2t) - [BNP Paribas BIC PARBFRPP Financial institution Not on a tracked register France · Not on a tracked register · No LEI mapped](https://elucidate.co/directory/bnp-paribas-parbfrpp) - [Caceis Bank BIC ISAEFRPP Credit institution Prudential licence France · On the ECB list of supervised entities · LEI 96950023SCR9X9F3L662](https://elucidate.co/directory/caceis-bank-isaefrpp) - [Credit Agricole SA BIC AGRIFRPP Credit institution Prudential licence France · On the ECB list of supervised entities · LEI 969500TJ5KRTCJQWXH05](https://elucidate.co/directory/credit-agricole-sa-agrifrpp) - [Banque Federative du Credit Mutuel BIC CMCIFRP1 Financial institution Not on a tracked register France · Not on a tracked register · No LEI mapped](https://elucidate.co/directory/banque-federative-du-credit-mutuel-cmcifrp1) [See every BIC in France →](https://elucidate.co/directory/country/fr#bics) Claim this profile ## Work at Bofa Securities Europe S.A.? Claim this page to have it marked as verified by the bank, and to send us corrections. We verify every claim before anything changes on the page. 1. 01 **Submit** Tell us who you are, using your work email. 2. 02 **We verify** We check the email domain and confirm your role with the bank. This usually takes up to five business days. 3. 03 **Profile claimed** The page is marked as claimed and verified. You can send us corrections at any time. Sources & method Every value comes from a public source, such as Swift’s ISO 9362 BIC directory, GLEIF or the OFAC and EU sanctions lists. Most sources are matched on a BIC or an LEI, not on a name. Swift GPI membership is matched on names and is indicative. A missing sanctions match does not mean that no listing applies. Always screen against the official lists. The sanctions facts on this page cover the BIC and its LEI only. An institution is one entry in the directory: a BIC8 in Swift’s directory, or a firm on a tracked register that holds no BIC. Licences held by an institution with a BIC are shown on its page. [Read the methodology →](https://elucidate.co/directory/methodology) Credits for this page - **Banking supervision**—Source: European Central Bank, list of supervised entities. - **Wikidata**—CC0, matched on the BIC or LEI recorded in Wikidata. It is community-edited, so check key facts. - **National bank codes**—France (Source: ACPR – REGAFI). - **Ownership and group**—GLEIF Level 2 relationship records (accounting consolidation), matched by LEI. - **Overview, leadership, regulators and events**—researched per institution by an AI model with web search, from the institution's own website and reports, regulators, company registers and news. Figures, people and events link to their source, and each card shows the research date. AI research can be wrong or out of date, so check key facts at the source. - **European registers**—Source: European Securities and Markets Authority (ESMA), MiFID II/MiFIR register (investment firms, trading venues, systematic internalisers, data reporting services providers). Matched on LEI by Elucidate. - **Images**—logos and photos from Wikimedia Commons (credited with their author and licence) or from the institution's own website, where Wikimedia has none. Elucidate keeps a copy of each; the links lead to the source and the original image. Logo: [business.bofa.com](https://business.bofa.com/content/boaml/en_us/home.html) (official website) · [original](https://business.bofa.com/etc.clientlibs/flagship/clientlibs/clientlib-site/resources/images/BofA_logo.svg). ## Assess the financial crime risk behind a BIC A BIC identifies an institution; it does not assess it. The [Elucidate FinCrime Index (EFI)](https://elucidate.co/ratings) is an independent score of the financial crime risk of banks, built for correspondent banking and counterparty due diligence. [Book a demo](https://elucidate.co/demo-request) Licence and registration data are drawn from the public registers of the regulators named on each page and shown for information only; the official register is always the authority. LEIs and ownership are from GLEIF. Directory and gpi data are drawn from SWIFT's public sources. SWIFT, Swift gpi and UETR are trademarks of S.W.I.F.T. SC, Avenue Adèle 1, 1310 La Hulpe, Belgium. Elucidate is not affiliated with, endorsed by or sponsored by SWIFT or any regulator named here. Elucidate does not provide payment or other financial services.