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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 Indonesia

Indonesia is part of the continent of Asia. The Capital of Indonesia is: Jakarta. Capital timezone is: Asia/Jakarta. Currency is: Rupiah.
Language Codes of Indonesia : id,en,nl,jv
Languages speak in Indonesia : Bahasa Indonesia (official, modified form of Malay), English, Dutch, local dialects (of which the most widely spoken is Javanese)
ISO Alpha-2 Code of Indonesia is : ID
ISO Alpha-3 Code of Indonesia is : IDN
ISO 3166-1 numeric (or numeric-3) Code of Indonesia is : 360
ISD Code of Indonesia is : +62
FIPS (Federal Information Processing System) Code is : ID
E.164 (The international telephone numbering plan) : 62
The top label domain of the Indonesia is : .id
Internet host in Indonesia is : 1344000
Internet users in Indonesia is : 20000000
Mobile phones in Indonesia is : 281960000
Landline phone in Indonesia is : 37983000
Area of Indonesia is : 1919440 KM2
GEO Name ID Indonesia is : 1643084
GDP of Indonesia is : $867500000000

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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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