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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Botswana Information

About Botswana

Botswana is part of the continent of Africa. The Capital of Botswana is: Gaborone. Capital timezone is: Africa/Gaborone. Currency is: Pula.
Language Codes of Botswana : en-BW,tn-BW
Languages speak in Botswana : Setswana 78.2%, Kalanga 7.9%, Sekgalagadi 2.8%, English (official) 2.1%, other 8.6%, unspecified 0.4% (2001 census)
ISO Alpha-2 Code of Botswana is : BW
ISO Alpha-3 Code of Botswana is : BWA
ISO 3166-1 numeric (or numeric-3) Code of Botswana is : 72
ISD Code of Botswana is : +267
FIPS (Federal Information Processing System) Code is : BC
E.164 (The international telephone numbering plan) : 267
The top label domain of the Botswana is : .bw
Internet host in Botswana is : 1806
Internet users in Botswana is : 120000
Mobile phones in Botswana is : 3082000
Landline phone in Botswana is : 160500
Area of Botswana is : 600370 KM2
GEO Name ID Botswana is : 933860
GDP of Botswana is : $15530000000

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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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