A SWIFT code is a unique code for identification that every bank has and
is a format for Bank Identifier Codes (BIC). A swift code is used for
transferring money and messages between banks.
To get the swift code of a foreign bank, one can contact the local bank branch or through the internet to ask for these details.
The SWIFT code consists of 8 or 11 characters, First 4 characters - bank code (only letters).
Next 2 characters - ISO 3166-1 alpha-2 country code (only letters),
Next 2 characters - location code (letters and digits) (passive participant will have 1 in the second character),
Last 3 characters - branch code, optional ('XXX' for primary office) (letters and digits).
To get the swift code of a foreign bank, one can contact the local bank branch or through the internet to ask for these details.
The SWIFT code consists of 8 or 11 characters, First 4 characters - bank code (only letters).
Next 2 characters - ISO 3166-1 alpha-2 country code (only letters),
Next 2 characters - location code (letters and digits) (passive participant will have 1 in the second character),
Last 3 characters - branch code, optional ('XXX' for primary office) (letters and digits).
