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 Denmark

Denmark is part of the continent of Europe. The Capital of Denmark is: Copenhagen. Capital timezone is: Europe/Copenhagen. Currency is: Krone.
Language Codes of Denmark : da-DK,en,fo,de-DK
Languages speak in Denmark : Danish, Faroese, Greenlandic (an Inuit dialect), German (small minority)
ISO Alpha-2 Code of Denmark is : DK
ISO Alpha-3 Code of Denmark is : DNK
ISO 3166-1 numeric (or numeric-3) Code of Denmark is : 208
ISD Code of Denmark is : +45
FIPS (Federal Information Processing System) Code is : DA
E.164 (The international telephone numbering plan) : 45
The top label domain of the Denmark is : .dk
Internet host in Denmark is : 4297000
Internet users in Denmark is : 4750000
Mobile phones in Denmark is : 6600000
Landline phone in Denmark is : 2431000
Area of Denmark is : 43094 KM2
GEO Name ID Denmark is : 2623032
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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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