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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Burundi Information

About Burundi

Burundi is part of the continent of Africa. The Capital of Burundi is: Bujumbura. Capital timezone is: Africa/Bujumbura. Currency is: Franc.
Language Codes of Burundi : fr-BI,rn
Languages speak in Burundi : Kirundi 29.7% (official), Kirundi and other language 9.1%, French (official) and French and other language 0.3%, Swahili and Swahili and other language 0.2% (along Lake Tanganyika and in the Bujumbura area), English and English and other language 0.06%, more than 2 languages 3.7%, unspecified 56.9% (2008 est.)
ISO Alpha-2 Code of Burundi is : BI
ISO Alpha-3 Code of Burundi is : BDI
ISO 3166-1 numeric (or numeric-3) Code of Burundi is : 108
ISD Code of Burundi is : +257
FIPS (Federal Information Processing System) Code is : BY
E.164 (The international telephone numbering plan) : 257
The top label domain of the Burundi is : .bi
Internet host in Burundi is : 229
Internet users in Burundi is : 157800
Mobile phones in Burundi is : 2247000
Landline phone in Burundi is : 17400
Area of Burundi is : 27830 KM2
GEO Name ID Burundi is : 433561
GDP of Burundi is : $2676000000

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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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