What is it?

A SWIFT code is an 8-11 character code that identifies banks and financial institutions worldwide. It's used to process international wire transfers and messages between banks.

Format

SWIFT codes consist of:

• 4 letters: Bank code
• 2 letters: Country code
• 2 characters: Location code
• 3 characters: Branch code (optional)

How to Use

When sending or receiving international wire transfers, you'll need to provide the SWIFT code along with the recipient's account details. Always verify the code with your bank before transferring.