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 Georgia

Georgia is part of the continent of Asia. The Capital of Georgia is: Tbilisi. Capital timezone is: Asia/Tbilisi. Currency is: Lari.
Language Codes of Georgia : ka,ru,hy,az
Languages speak in Georgia : Georgian (official) 71%, Russian 9%, Armenian 7%, Azeri 6%, other 7%
ISO Alpha-2 Code of Georgia is : GE
ISO Alpha-3 Code of Georgia is : GEO
ISO 3166-1 numeric (or numeric-3) Code of Georgia is : 268
ISD Code of Georgia is : +995
FIPS (Federal Information Processing System) Code is : GG
E.164 (The international telephone numbering plan) : 995
The top label domain of the Georgia is : .ge
Internet host in Georgia is : 357864
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Mobile phones in Georgia is : 4699000
Landline phone in Georgia is : 1276000
Area of Georgia is : 69700 KM2
GEO Name ID Georgia is : 614540
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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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