What is the swift code?

Swift code is a bank identification code proposed by the association and passed by ISO. Its original name is BIC (bank identification code).

Every bank applying to join the SWIFT organization must work out its own SWIFT address code in advance according to the unified principle of SWIFT organization, and it will take effect after being approved by SWIFT organization.

Bank Identifier Code——BIC) consists of eight or eleven English letters or Arabic numerals that can be automatically interpreted by computer, and is used to clearly distinguish different financial institutions related to financial transactions in SWIFT messages. All member banks of the Association have their own SWIFT codes, namely SWIFT codes.

In wire transfer, the remitting bank can send a payment message according to the SWIFT code of the receiving bank, and then remit the money to the receiving bank. This number is equivalent to the ID number of each bank.

Extended data:

Domestic bank code:

Bank of China: BKCHCNBJ

Industrial and Commercial Bank of China: ICBKCNBJ

China Construction Bank: PCBCCNBJ

Agricultural bank: ABOCCNBJ

China Merchants Bank: China Merchants Bank

Bank of communications: COMMCN

China citic bank: CIBKCNBJ

Industrial Bank: Bank of Fiji

Minsheng Bank: MSBCCNBJ

Huaxia bank: HXBKCN