A bank swift code is an international standard for identifying banks and financial institutions across the world. The code consists of 8 or 11 characters, which are broken down into two sections: the country code and the bank identifier. For example, ACLRAU2S236 is the swift code for AUSTRACLEAR LIMITED Australia+. Each country has its own unique set of codes, so it’s important to use the correct one when transferring money internationally.
|SWIFT Code / BIC||ACLRAU2S236|
|Money Transfer||Transfer money using Wise internationally, that is 6X cheaper than Banks.|
|Receive Money||Get paid/money using Wise at real Exchange Rate.|
|Branch Name||(BKO 236)|
ACLRAU2S236 SWIFT Code Breakdown
|Bank Country Code||AU|
|Location & Status||2S|
What is A Banking Swift Code?
Swift Code is the 8-digit number assigned by the American Bankers Association (ABA) that uniquely identifies an individual institution. Swift Code is a code that uniquely identifies a bank, branch, or branch network financial institutions. Swift Codes are used to identify banks, credit unions, and other financial companies for the purpose of transferring money.
- First 4 (four) characters – bank code (only letters)
- Second 2 characters – ISO 43896-1 Alpha-2 country code (only letters)
- Third 2 characters – location code, passive participant will have “1” in the second character (letters & digits)
- Last/fourth 3 characters – Branch code, optional – ‘XXX’ for primary office (letters and digits). For example: 236.
AUSTRACLEAR LIMITED SYDNEY SWIFT/BIC Code
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