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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Pakistan Information

About Pakistan

Pakistan is part of the continent of Asia. The Capital of Pakistan is: Islamabad. Capital timezone is: Asia/Karachi. Currency is: Rupee.
Language Codes of Pakistan : ur-PK,en-PK,pa,sd,ps,brh
Languages speak in Pakistan : Punjabi 48%, Sindhi 12%, Saraiki (a Punjabi variant) 10%, Pashto (alternate name, Pashtu) 8%, Urdu (official) 8%, Balochi 3%, Hindko 2%, Brahui 1%, English (official; lingua franca of Pakistani elite and most government ministries), Burushaski, and other 8%
ISO Alpha-2 Code of Pakistan is : PK
ISO Alpha-3 Code of Pakistan is : PAK
ISO 3166-1 numeric (or numeric-3) Code of Pakistan is : 586
ISD Code of Pakistan is : +92
FIPS (Federal Information Processing System) Code is : PK
E.164 (The international telephone numbering plan) : 92
The top label domain of the Pakistan is : .pk
Internet host in Pakistan is : 365813
Internet users in Pakistan is : 20431000
Mobile phones in Pakistan is : 125000000
Landline phone in Pakistan is : 5803000
Area of Pakistan is : 803940 KM2
GEO Name ID Pakistan is : 1168579
GDP of Pakistan is : $236500000000

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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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