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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Macedonia Information

About Macedonia

Macedonia is part of the continent of Europe. The Capital of Macedonia is: Skopje. Capital timezone is: Europe/Skopje. Currency is: Denar.
Language Codes of Macedonia : mk,sq,tr,rmm,sr
Languages speak in Macedonia : Macedonian (official) 66.5%, Albanian (official) 25.1%, Turkish 3.5%, Roma 1.9%, Serbian 1.2%, other 1.8% (2002 census)
ISO Alpha-2 Code of Macedonia is : MK
ISO Alpha-3 Code of Macedonia is : MKD
ISO 3166-1 numeric (or numeric-3) Code of Macedonia is : 807
ISD Code of Macedonia is : +389
FIPS (Federal Information Processing System) Code is : MK
E.164 (The international telephone numbering plan) : 389
The top label domain of the Macedonia is : .mk
Internet host in Macedonia is : 62826
Internet users in Macedonia is : 1057000
Mobile phones in Macedonia is : 2235000
Landline phone in Macedonia is : 407900
Area of Macedonia is : 25333 KM2
GEO Name ID Macedonia is : 718075
GDP of Macedonia is : $10650000000

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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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