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What is a SWIFT Code?

SWIFT codes or Bank Identifier Codes (BIC) are unique identification codes for a particular bank. SWIFT or BIC codes are widely used to transfer messages and money between financial institutions, and mainly between banks.

How can you read / understand a SWIFT code?

Every SWIFT code consists of 8 or 11 characters. When a8-digits code is given, it refers to the primary bank office.

With a 8-digit SWIFT code, you can assume that it refers to the primary office.

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