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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 India

India is part of the continent of Asia. The Capital of India is: New Delhi. Capital timezone is: Asia/Kolkata. Currency is: Rupee.
Language Codes of India : en-IN,hi,bn,te,mr,ta,ur,gu,kn,ml,or,pa,as,bh,sat,ks,ne,sd,kok,doi,mni,sit,sa,fr,lus,inc
Languages speak in India : Hindi 41%, Bengali 8.1%, Telugu 7.2%, Marathi 7%, Tamil 5.9%, Urdu 5%, Gujarati 4.5%, Kannada 3.7%, Malayalam 3.2%, Oriya 3.2%, Punjabi 2.8%, Assamese 1.3%, Maithili 1.2%, other 5.9%
ISO Alpha-2 Code of India is : IN
ISO Alpha-3 Code of India is : IND
ISO 3166-1 numeric (or numeric-3) Code of India is : 356
ISD Code of India is : +91
FIPS (Federal Information Processing System) Code is : IN
E.164 (The international telephone numbering plan) : 91
The top label domain of the India is : .in
Internet host in India is : 6746000
Internet users in India is : 61338000
Mobile phones in India is : 893862000
Landline phone in India is : 31080000
Area of India is : 3287590 KM2
GEO Name ID India is : 1269750
GDP of India is : $1670000000000

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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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