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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Finland Information

About Finland

Finland is part of the continent of Europe. The Capital of Finland is: Helsinki. Capital timezone is: Europe/Helsinki. Currency is: Euro.
Language Codes of Finland : fi-FI,sv-FI,smn
Languages speak in Finland : Finnish (official) 94.2%, Swedish (official) 5.5%, other (small Sami- and Russian-speaking minorities) 0.2% (2012 est.)
ISO Alpha-2 Code of Finland is : FI
ISO Alpha-3 Code of Finland is : FIN
ISO 3166-1 numeric (or numeric-3) Code of Finland is : 246
ISD Code of Finland is : +358
FIPS (Federal Information Processing System) Code is : FI
E.164 (The international telephone numbering plan) : 358
The top label domain of the Finland is : .fi
Internet host in Finland is : 4763000
Internet users in Finland is : 4393000
Mobile phones in Finland is : 9320000
Landline phone in Finland is : 890000
Area of Finland is : 337030 KM2
GEO Name ID Finland is : 660013
GDP of Finland is : $259600000000

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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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