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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Chad Information

About Chad

Chad is part of the continent of Africa. The Capital of Chad is: N'Djamena. Capital timezone is: Africa/Ndjamena. Currency is: Franc.
Language Codes of Chad : fr-TD,ar-TD,sre
Languages speak in Chad : French (official), Arabic (official), Sara (in south), more than 120 different languages and dialects
ISO Alpha-2 Code of Chad is : TD
ISO Alpha-3 Code of Chad is : TCD
ISO 3166-1 numeric (or numeric-3) Code of Chad is : 148
ISD Code of Chad is : +235
FIPS (Federal Information Processing System) Code is : CD
E.164 (The international telephone numbering plan) : 235
The top label domain of the Chad is : .td
Internet host in Chad is : 6
Internet users in Chad is : 168100
Mobile phones in Chad is : 4200000
Landline phone in Chad is : 29900
Area of Chad is : 1284000 KM2
GEO Name ID Chad is : 2434508
GDP of Chad is : $13590000000

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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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