krutosl.blogg.se - Zip code kuwait fahaheel zip code

These codes are used when transferring money between banks, for international wire transfers or SEPA payments. Because SWIFT originally introduced what was later standardized as Business Identifier Codes (BICs), they are still often called SWIFT addresses or codes.Ī Swift Code is the standard format for Business Identifier Codes (BIC) and it's a unique identification code for banks and financial institutions globally. SWIFT Standards, a division of The Society for Worldwide Interbank Financial Telecommunication (SWIFT), handles the registration of these codes. Where an 8-digit code is given, it may be assumed that it refers to the primary office.

3 letters or digits: branch code, optional ( 'XXX' for primary office).

if the second character is "2", then it typically 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.

if the second character is "1", then it denotes a passive participant in the SWIFT network.

if the second character is "0", then it is typically a test BIC as opposed to a BIC used on the live network.

2 letters: ISO 3166-1 alpha-2 country code.

4 letters: Institution code or bank code.

The SWIFT code / BIC code is made up of 8 or 11 characters, broken down as follows: