This shows that the transferred bank is a bank that has not participated in SWIFT.

Any bank participating in SWIFT will have a unique SWIFT code, which can be easily found by other banks and financial institutions. SWIFT is a message system for global interbank financial transactions.

1973 in may, 15 countries and 239 big banks in the United States, Canada and Europe announced the establishment of SWIFT. Since then, the number of its member banks has increased rapidly year by year. Accession by China 1983. Because of its convenience and efficiency, SWIFT has expanded rapidly, and now there are more than 200 countries and more than 65,438+0,000 banks. SWIFT is headquartered in Brussels, Belgium, and has set up exchange centers in Amsterdam, the Netherlands and new york, the United States, which is actually completely under the control of the United States.