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Swift Codes/BIC Code:

How to read SWIFT Code/BIC Code Format?
The SWIFT or BIC code is usually 8 or 11 characters: - e.g. CITIUS3PPBX   (Sample Swift Code- Bank of CITIBANK N.A., New York)
Where as,
  • First 4 letters represents Institution Code or bank code: CITI US3PPBX
  • Next 2 letters represents ISO 3166-1 alpha-2 country code: CITI US 3PPBX
  • Next 2 letters or digits represents location code: CITIUS 3P PBX
    location code:
    If second character is �0": Then it is a test BIC as opposed to a BIC used on the live network.
    If second character is �1": Then it denotes a passive participant in the SWIFT network
    If second character is �2": Then it indicates a reverse billing BIC, where the recipient pays for the message as opposed to the more usual mode whereby the sender pays for the message.
  • Next 3 letters or digits represents branch code, optional (�XXX� for primary office) : CITIUS3P PBX
    Where an 8-digit code is given, it may be assumed that it refers to the primary office.

    SWIFT Code/ BIC Code :
    Society for Worldwide Interbank Financial Telecommunication(SWIFT) has defined standard format of Business Identifier Codes which is called as SWIFT code or BIC Code. It acts as a unique identification code for both financial and non-financial institutions. Swift code is used while transferring money between banks, particularly for international wire transfers, and also for the exchange of other messages between banks. SWIFT handles the registration of SWIFT codes across the world.

  • Enter Bank name to get SWIFT Code:

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    Related Resources

    BanksLookup.com BankRoutingInfo.com
    CanadaBanksInfo.com BankBSBnumbers.com
    UKSortCodes.com SwiftCodeInfo.com
    Disclaimer:Information posted on this site is only for reference.Please vefify details with your bank before initiating any financial transaction.We are not liable for any loss due to any errors in our information