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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Mozambique Information

About Mozambique

Mozambique is part of the continent of Africa. The Capital of Mozambique is: Maputo. Capital timezone is: Africa/Maputo. Currency is: Metical.
Language Codes of Mozambique : pt-MZ,vmw
Languages speak in Mozambique : Emakhuwa 25.3%, Portuguese (official) 10.7%, Xichangana 10.3%, Cisena 7.5%, Elomwe 7%, Echuwabo 5.1%, other Mozambican languages 30.1%, other 4% (1997 census)
ISO Alpha-2 Code of Mozambique is : MZ
ISO Alpha-3 Code of Mozambique is : MOZ
ISO 3166-1 numeric (or numeric-3) Code of Mozambique is : 508
ISD Code of Mozambique is : +258
FIPS (Federal Information Processing System) Code is : MZ
E.164 (The international telephone numbering plan) : 258
The top label domain of the Mozambique is : .mz
Internet host in Mozambique is : 89737
Internet users in Mozambique is : 613600
Mobile phones in Mozambique is : 8108000
Landline phone in Mozambique is : 88100
Area of Mozambique is : 801590 KM2
GEO Name ID Mozambique is : 1036973
GDP of Mozambique is : $14670000000

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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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