Or Validate The SWIFT / BIC Code  
Or Select a Bank from these
![Madagascar Information](/parts/flag/mg.webp)
About Madagascar
Madagascar is part of the continent of Africa. The Capital of Madagascar is: Antananarivo. Capital timezone is: Indian/Antananarivo. Currency is: Ariary.
Language Codes of Madagascar : fr-MG,mg
Languages speak in Madagascar : French (official), Malagasy (official), English
ISO Alpha-2 Code of Madagascar is : MG
ISO Alpha-3 Code of Madagascar is : MDG
ISO 3166-1 numeric (or numeric-3) Code of Madagascar is : 450
ISD Code of Madagascar is : +261
FIPS (Federal Information Processing System) Code is : MA
E.164 (The international telephone numbering plan) : 261
The top label domain of the Madagascar is : .mg
Internet host in Madagascar is : 38392
Internet users in Madagascar is : 319900
Mobile phones in Madagascar is : 8564000
Landline phone in Madagascar is : 143700
Area of Madagascar is : 587040 KM2
GEO Name ID Madagascar is : 1062947
GDP of Madagascar is : $10530000000
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 |