What is an SWIFT/BIC Code?

SWIFT codes means Society of Worldwide Interbank Financial Telecommunication Code. The Swift/BIC code is used to identify a particular branch of a bank or financial institution & it'll help you to transfer money internationaly and executor for cross-border payments.

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About Angola

Angola is part of the continent of Africa. The Capital of Angola is: Luanda. Capital timezone is: Africa/Luanda. Currency is: Kwanza.
Language Codes of Angola : pt-AO
Languages speak in Angola : Portuguese (official), Bantu and other African languages
ISO Alpha-2 Code of Angola is : AO
ISO Alpha-3 Code of Angola is : AGO
ISO 3166-1 numeric (or numeric-3) Code of Angola is : 24
ISD Code of Angola is : +244
FIPS (Federal Information Processing System) Code is : AO
E.164 (The international telephone numbering plan) : 244
The top label domain of the Angola is : .ao
Internet host in Angola is : 20703
Internet users in Angola is : 606700
Mobile phones in Angola is : 9800000
Landline phone in Angola is : 303000
Area of Angola is : 1246700 KM2
GEO Name ID Angola is : 3351879
GDP of Angola is : $124000000000

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SWIFT / BIC Code


What is SWIFT/BIC Code?

SWIFT codes are abbreviations for the Society of Worldwide Interbank Financial Telecommunication Code. A SWIFT code is a code that is used to identify the country, bank, and branch of an account. A SWIFT code is also known as a BIC (Bank Identifier Code), but they are the same thing.


Formation of SWIFT Code

The Swift Code is either eight or eleven digits long and a combination of letters and numbers.

  • The first four characters of the swift code are the bank code.
  • The next two digits are the country code.
  • The next two digits are the location code, and
  • The last three digits are optional and aid in identifying the specific bank branch.

Applications of SWIFT Code/BIC Code

The following are some examples of SWIFT or BIC code applications:

  • The Swift/BIC code is used to identify a specific branch of a bank or financial institution.
  • It aids in international money transfers and acts as an executor for cross-border payments.

Example: Breakdown of SWIFT/BIC Code

A

B

C

D

1

2

3

4

5

6

7

Bank Code

Country ISO Code

Location Code

Branch Code
(Optional)

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