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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Seychelles Information

About Seychelles

Seychelles is part of the continent of Africa. The Capital of Seychelles is: Victoria. Capital timezone is: Indian/Mahe. Currency is: Rupee.
Language Codes of Seychelles : en-SC,fr-SC
Languages speak in Seychelles : Seychellois Creole (official) 89.1%, English (official) 5.1%, French (official) 0.7%, other 3.8%, unspecified 1.4% (2010 est.)
ISO Alpha-2 Code of Seychelles is : SC
ISO Alpha-3 Code of Seychelles is : SYC
ISO 3166-1 numeric (or numeric-3) Code of Seychelles is : 690
ISD Code of Seychelles is : +248
FIPS (Federal Information Processing System) Code is : SE
E.164 (The international telephone numbering plan) : 248
The top label domain of the Seychelles is : .sc
Internet host in Seychelles is : 247
Internet users in Seychelles is : 32000
Mobile phones in Seychelles is : 138300
Landline phone in Seychelles is : 28900
Area of Seychelles is : 455 KM2
GEO Name ID Seychelles is : 241170
GDP of Seychelles is : $1271000000

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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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