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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Nauru Information

About Nauru

Nauru is part of the continent of Oceania. The Capital of Nauru is: Yaren. Capital timezone is: Pacific/Nauru. Currency is: Dollar.
Language Codes of Nauru : na,en-NR
Languages speak in Nauru : Nauruan 93% (official, a distinct Pacific Island language), English 2% (widely understood, spoken, and used for most government and commercial purposes), other 5% (includes I-Kiribati 2% and Chinese 2%)
ISO Alpha-2 Code of Nauru is : NR
ISO Alpha-3 Code of Nauru is : NRU
ISO 3166-1 numeric (or numeric-3) Code of Nauru is : 520
ISD Code of Nauru is : +674
FIPS (Federal Information Processing System) Code is : NR
E.164 (The international telephone numbering plan) : 674
The top label domain of the Nauru is : .nr
Internet host in Nauru is : 8162
Internet users in Nauru is : N/A (Updated Soon)
Mobile phones in Nauru is : 6800
Landline phone in Nauru is : 1900
Area of Nauru is : 21 KM2
GEO Name ID Nauru is : 2110425
GDP of Nauru is : $

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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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