SwiftAPI

SWIFT/BIC Format

A SWIFT/BIC (Society for Worldwide Interbank Financial Telecommunication/Bank Identifier Code) is a unique identification code for financial and non-financial institutions. These codes are used for international transactions between banks and financial institutions to ensure secure and accurate communication and transfer of funds. Here's a breakdown of a SWIFT/BIC code:

• Bank code A-Z

  First 4 letters representing the bank. It usually looks like a shortened version of that bank's name.

• Country code A-Z

  The next 2 letters after the ank code representing the country the bank is in.

• Location code 0-9 A-Z

  The location code is a two-digit alphanumeric code that specifies the city or region of the bank. It is the 7th and 8th characters of a Swift code

• Branch code 0-9 A-Z

  3 digits specifying a particular branch. 'XXX' represents the bank’s head office.