Find Bank Codes Logo

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.

Know More

 Others Tools

world logo

Find Any Bank Branch Worldwide

Get Detailed Information about any Bank Branch Worldwide.




Or Validate The SWIFT / BIC Code  
Or Select a City from these

Format of Aloc A/s Swift Code

A bank branch's SWIFT code is a minimum of eight to a maximum of eleven digits alphanumeric, numeric, or alphabetic code.

The Structure is-

A

O

O

C

D

K

Y

Y

Z

Z

Z

Bank Code

Country ISO Code

Location Code

Branch Code (Optional)

  • AOOC - The first four digits is bank code. Any Aloc A/s Bank SWIFT Code start with AOOC.

  • DK - Next two digits is country ISO code. Here this ISO code indicates Denmark country.

  • YY - Next two digits specifies the Location where the bank is located.

      1. If the second character is "0" - then it is typically a test BIC as opposed to a BIC used on the live network.
      2. If the second character is "1" - then it denotes a passive participant in the SWIFT network
      3. If the second character is "2," it typically indicates a reverse billing BIC, in which the recipient pays for the message rather than the more common mode, in which the sender pays for the message.

  • ZZZ - The last four digits are optional; they are the branch code and a unique identifier number for the specific bank branch.

    • *If the Swift code is an eight-digit code, it is safe to assume that it refers to the primary office.

    Currency Converter


    Rate Date : 03/11/24

     Calculators

    Popular ALOC A/S Branches

    MAIN BRANCH BRANCH, ALOC A/S SWIFT CODE

    Swift Code : AOOCDK21
    City : ODENSE
    Country : DENMARK

    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)

     Popular Banks

    See All Banks List
    ➤
    Find Bank Codes Logo

    Find Bank Codes is an online directory that provides information about local and foreign banks along with financial calculators, converters, and other useful tools.

    Useful Links

    Follow Us

    © 2022 Find Bank Codes. All rights reserved.