What is a SWIFT Code?

A SWIFT code (also known as BIC - Bank Identifier Code) is a unique identification code used to identify banks and financial institutions worldwide. It's essential for international wire transfers and communications between banks.

Format breakdown:

• AAAA - Bank code (4 letters)

• BB - Country code (2 letters)

• CC - Location code (2 letters/numbers)

• DDD - Branch code (3 letters/numbers, optional)