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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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Austria Information

About Austria

Austria is part of the continent of Europe. The Capital of Austria is: Vienna. Capital timezone is: Europe/Vienna. Currency is: Euro.
Language Codes of Austria : de-AT,hr,hu,sl
Languages speak in Austria : German (official nationwide) 88.6%, Turkish 2.3%, Serbian 2.2%, Croatian (official in Burgenland) 1.6%, other (includes Slovene, official in Carinthia, and Hungarian, official in Burgenland) 5.3% (2001 census)
ISO Alpha-2 Code of Austria is : AT
ISO Alpha-3 Code of Austria is : AUT
ISO 3166-1 numeric (or numeric-3) Code of Austria is : 40
ISD Code of Austria is : +43
FIPS (Federal Information Processing System) Code is : AU
E.164 (The international telephone numbering plan) : 43
The top label domain of the Austria is : .at
Internet host in Austria is : 3512000
Internet users in Austria is : 6143000
Mobile phones in Austria is : 13590000
Landline phone in Austria is : 3342000
Area of Austria is : 83858 KM2
GEO Name ID Austria is : 2782113
GDP of Austria is : $417900000000

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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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