#RAROTONGA COOK ISLANDS ZIP CODE CODE#

No, every bank branch has a different swift code. Does every bank branch has same swift code?

#RAROTONGA COOK ISLANDS ZIP CODE CODE#

Swift code uniquely identifies bank branch and transfer the money in that branch. You will find the swift code of your bank on your bank statements. Last 3 characters (AAA) are for branch code, optional - 'XXX' for primary office (contains letters and digits) Where do we get the swift code? Next 2 characters (ZZ) are for location code,(contains letters and digits) Next 2 characters (YY) are for country prefix - ISO 3166-1 alpha-2 country code,(contain only letters)

Swift codes consists of 4 main parts and format of swift code is explained below: XXXX YY ZZ AAAДЇirst 4 characters (XXXX) are for bank name - also known as bank code,(contains only letters) Complete 11 digit swift code refer to specific branch of the world, whereas 8 digit codes (or those ending in 'XXX') refer to the head office of that particular bank.

SWIFT codes is a collection of 8 or 11 characters. Every Country has particular structure for Swift Code and every character in the swift code has some symbolic meaning. Swift is a acronym used for (Society for Worldwide Interbank Financial Telecommunication) is also known as BIC (Business Identifier Code).These standard codes are used for international money transfer between world banks and their branches. A Swift Code or BIC is a Bank Identifier Code used to distinguish banks and their respective branches.

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