Buy-in Code Descriptions Chapter 4
The first position of the BIC must always be an alphabetic character (e.g., 000-00-0000A). The second position of the BIC may be alphabetic or numeric (e.g., 000-00-0000J1). If the second position of the BIC is numeric, it is referred to as a subscript. Section 4.3.1 provides a table of BICs for Social Security beneficiaries.
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