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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Togo Information

About Togo

Togo is part of the continent of Africa. The Capital of Togo is: Lome. Capital timezone is: Africa/Lome. Currency is: Franc.
Language Codes of Togo : fr-TG,ee,hna,kbp,dag,ha
Languages speak in Togo : French (official, the language of commerce), Ewe and Mina (the two major African languages in the south), Kabye (sometimes spelled Kabiye) and Dagomba (the two major African languages in the north)
ISO Alpha-2 Code of Togo is : TG
ISO Alpha-3 Code of Togo is : TGO
ISO 3166-1 numeric (or numeric-3) Code of Togo is : 768
ISD Code of Togo is : +228
FIPS (Federal Information Processing System) Code is : TO
E.164 (The international telephone numbering plan) : 228
The top label domain of the Togo is : .tg
Internet host in Togo is : 1168
Internet users in Togo is : 356300
Mobile phones in Togo is : 3518000
Landline phone in Togo is : 225000
Area of Togo is : 56785 KM2
GEO Name ID Togo is : 2363686
GDP of Togo is : $4299000000

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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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