SWIFT code
SWIFT code is used for the identification of banks and financial institutions in business transactions and money transfers.
The code is also called as Business Identifier Code (acronym: BIC).
Components of the code: AAAABBCCXXX
| AAAA | BB | CC | XXX |
| Bank code | Country code | Location code | Branch code |
| AAAA | 4-letter Bank code |
| BB | 2-letter Country code - ISO 3166-1 alpha-2 |
| CC | 2-letter or number of location code |
| XXX | 3-letter or number Branch code (optional) ('XXX' for primary office) |
- The SWIFT codes of the Israeli banks.
- SWIFT Code Checker
- History of SWIFT code initiation by the Society for Worldwide Interbank Financial Telecommunication
SWIFT code versus IBAN
IBAN is an acronym for International Bank Account Number.
The SWIFT code is an ID for a bank. In contrast, IBAN is the code for an individual bank account.
Web page to calculate IBAN code given bank account information