What is Swift Code? SWIFT code (also known as ISO 9362, SWIFT-BIC, BIC code, SWIFT ID or SWIFT code) is a standard format of Business Identifier Codes approved by the International Organization for Standardization (ISO). It is a unique identification code for both financial and non-financial institutions. (When assigned to a non-financial institution, a code may also be known as a Business Entity Identifier or BEI.) The codes are ud when transferring money between banks, particularly for international wire transfers, and also for the exchange of other messages between banks. The codes can sometimes be found on account statements. |
The SWIFT code is 8 or 11 characters, made up of: ∙ 4 letters: Institution Code or bank code. ∙ ∙ 2 letters: ISO 3166-1 alpha-2 country code ∙ ∙ 2 letters or digits: location code ∙ ▪ if the cond character is "0", then it is typically a test BIC as oppod to a BIC ud on the live network. ▪ ▪ 哺乳期多久会来月经if the cond character is "1", then it denotes a passive participant in the SWIFT network ▪ ▪ if the cond character is "2", then it typically indicates a rever billing BIC, where the recipient pays for the message as oppod to the more usual mode whereby the nder pays for the message. ▪ ∙ 3 letters or digits: branch code, optional ('XXX' for primary office) ∙ 炸鸡翅根的做法Where an 8-digit code is given, it may be assumed that it refers to the primary office. |
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