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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Switzerland Information

About Switzerland

Switzerland is part of the continent of Europe. The Capital of Switzerland is: Berne. Capital timezone is: Europe/Zurich. Currency is: Franc.
Language Codes of Switzerland : de-CH,fr-CH,it-CH,rm
Languages speak in Switzerland : German (official) 64.9%, French (official) 22.6%, Italian (official) 8.3%, Serbo-Croatian 2.5%, Albanian 2.6%, Portuguese 3.4%, Spanish 2.2%, English 4.6%, Romansch (official) 0.5%, other 5.1%
ISO Alpha-2 Code of Switzerland is : CH
ISO Alpha-3 Code of Switzerland is : CHE
ISO 3166-1 numeric (or numeric-3) Code of Switzerland is : 756
ISD Code of Switzerland is : +41
FIPS (Federal Information Processing System) Code is : SZ
E.164 (The international telephone numbering plan) : 41
The top label domain of the Switzerland is : .ch
Internet host in Switzerland is : 5301000
Internet users in Switzerland is : 6152000
Mobile phones in Switzerland is : 10460000
Landline phone in Switzerland is : 4382000
Area of Switzerland is : 41290 KM2
GEO Name ID Switzerland is : 2658434
GDP of Switzerland is : $646200000000

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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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