A bank swift code, also known as a BIC (Business Identifier Code), is an international standard format for Business Identifiers. It uniquely identifies banks and financial institutions globally. The codes are used when transferring money between banks, especially for international wire transfers.
|SWIFT Code / BIC||BKCHAU2SBWD|
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|Bank:||BANK OF CHINA LIMITED, SYDNEY BRANCH|
|Branch Name||(BANK OF CHINA LTD BURWOOD BRANCH)|
|Address:||170 BURWOOD ROAD|
BKCHAU2SBWD SWIFT Code Breakdown
|Bank Country Code||AU|
|Location & Status||2S|
What is Swift Code For Bank
Swift or SML language is used to develop codes that are used by banks to perform various operations. Swift code is a 8 or 11 digit numeric number that helps to identify the banks. This code is easily recognized by banks worldwide, and helps in processing transactions. Swift code is linked with customer’s account number and also helps in processing of online payments and other banking operations. Swift code can be also used for International Bank Account Number (IBAN). Swift code is used for the electronic transfer of fund from one account to another account.
- 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: BWD.
BANK OF CHINA LIMITED, SYDNEY BRANCH BURWOOD SWIFT/BIC Code
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