diff --git a/kmymoney/payeeidentifier/ibanandbic/bankcodemodel.cpp b/kmymoney/payeeidentifier/ibanandbic/bankcodemodel.cpp
new file mode 100644
index 000000000..63dc32dc7
--- /dev/null
+++ b/kmymoney/payeeidentifier/ibanandbic/bankcodemodel.cpp
@@ -0,0 +1,112 @@
+/*
+ * This file is part of KMyMoney, A Personal Finance Manager for KDE
+ * Copyright (C) 2014 Christian Dávid <christian-david@web.de>
+ *
+ * This program is free software; you can redistribute it and/or
+ * modify it under the terms of the GNU General Public License
+ * as published by the Free Software Foundation; either version 2
+ * of the License, or (at your option) any later version.
+ *
+ * This program is distributed in the hope that it will be useful,
+ * but WITHOUT ANY WARRANTY; without even the implied warranty of
+ * MERCHANTABILITY or FITNESS FOR A PARTICULAR PURPOSE.  See the
+ * GNU General Public License for more details.
+ *
+ * You should have received a copy of the GNU General Public License
+ * along with this program.  If not, see <http://www.gnu.org/licenses/>.
+ */
+
+#include "bankcodemodel.h"
+
+#include <KDebug>
+#include <KServiceTypeTrader>
+#include <KStandardDirs>
+#include <QtSql/QSqlQuery>
+#include <QtSql/QSqlError>
+#include <QtCore/QString>
+#include <QtCore/QStringList>
+
+/**
+ * @warning At the moment the completion may fail if bankCodeModel was created in more than one thread
+ * (it uses a QSqlDatabase object over all instances of bankCodeModel, so the first created bankCodeModel defines
+ * the thread)
+ *
+ * @todo Make thread safe.
+ */
+bankCodeModel::bankCodeModel(QObject* parent)
+    : QSqlQueryModel(parent)
+{
+
+  QSqlDatabase db = QSqlDatabase::database("bankCodeModel", true);
+  // Save if the database was opened before
+  bool attachDatabases = false;
+
+  if (!db.isValid()) {
+    db = QSqlDatabase::addDatabase("QSQLITE", "bankCodeModel");
+    db.setDatabaseName(":memory:");
+    db.setConnectOptions("QSQLITE_OPEN_READONLY=1;QSQLITE_ENABLE_SHARED_CACHE=1;");
+    db.open();
+    // Database was not opened before
+    attachDatabases = true;
+  }
+
+  if (!db.isOpen()) {
+    kWarning() << QString("Could not open in-memory database for bic data.");
+  }
+  QSqlQuery query(db);
+
+  // Get services which support iban2bic and have a database entry
+  KService::List services = KServiceTypeTrader::self()->query("KMyMoney/IbanBicData",
+                            QString("exist [X-KMyMoney-Bankdata-Database]")
+                                                             );
+
+  if (services.isEmpty()) {
+    // Set a valid query
+    query.exec("SELECT null;");
+    setQuery(query);
+    return;
+  }
+
+  QStringList databases;
+  QStringList dbNames;
+
+  unsigned int databaseCount = 0;
+
+  foreach (KService::Ptr service, services) {
+    QString database = service->property(QLatin1String("X-KMyMoney-Bankdata-Database")).toString();
+
+    // Locate database
+    QString path = KGlobal::dirs()->locate("data", QLatin1String("kmymoney/ibanbicdata/") + database);
+    if (path.isEmpty()) {
+      kWarning() << QString("Could not locate database file \"%1\" to receive BIC data.").arg(database);
+    } else {
+      databases << path;
+      dbNames << QString("db%1").arg(++databaseCount);
+    }
+  }
+
+  if (attachDatabases) {
+    query.prepare("ATTACH DATABASE ? AS ?");
+    query.addBindValue(databases);
+    query.addBindValue(dbNames);
+    if (!query.execBatch()) {
+      qWarning() << "Could not init iban for bankCodeModel, last error:" << query.lastError().text();
+      dbNames = QStringList(); // clear so no query will be set
+    }
+  }
+
+  QStringList queries;
+  foreach (QString dbName, dbNames) {
+    queries.append(QString("SELECT country || bankcode, name FROM %1.institutions").arg(dbName));
+  }
+
+  query.exec(queries.join(QLatin1String(" UNION ")));
+  setQuery(query);
+}
+
+QVariant bankCodeModel::data(const QModelIndex& item, int role) const
+{
+  if (role == InstitutionNameRole)
+    return QSqlQueryModel::data(createIndex(item.row(), 1), Qt::DisplayRole);
+  return QSqlQueryModel::data(item, role);
+}
diff --git a/kmymoney/payeeidentifier/ibanandbic/bankcodemodel.h b/kmymoney/payeeidentifier/ibanandbic/bankcodemodel.h
new file mode 100644
index 000000000..f4b050524
--- /dev/null
+++ b/kmymoney/payeeidentifier/ibanandbic/bankcodemodel.h
@@ -0,0 +1,40 @@
+/*
+ * This file is part of KMyMoney, A Personal Finance Manager for KDE
+ * Copyright (C) 2014 Christian Dávid <christian-david@web.de>
+ *
+ * This program is free software; you can redistribute it and/or
+ * modify it under the terms of the GNU General Public License
+ * as published by the Free Software Foundation; either version 2
+ * of the License, or (at your option) any later version.
+ *
+ * This program is distributed in the hope that it will be useful,
+ * but WITHOUT ANY WARRANTY; without even the implied warranty of
+ * MERCHANTABILITY or FITNESS FOR A PARTICULAR PURPOSE.  See the
+ * GNU General Public License for more details.
+ *
+ * You should have received a copy of the GNU General Public License
+ * along with this program.  If not, see <http://www.gnu.org/licenses/>.
+ */
+
+#ifndef BANKCODEMODEL_H
+#define BANKCODEMODEL_H
+
+#include <QtSql/QSqlQueryModel>
+
+#include "iban_bic_identifier_export.h"
+
+class IBAN_BIC_IDENTIFIER_EXPORT bankCodeModel : public QSqlQueryModel
+{
+  Q_OBJECT
+
+public:
+  enum DisplayRole {
+    InstitutionNameRole = Qt::UserRole
+  };
+
+  explicit bankCodeModel(QObject* parent = 0);
+  virtual QVariant data(const QModelIndex& item, int role = Qt::DisplayRole) const;
+
+};
+
+#endif // BICMODEL_H