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What is a SWIFT Code?

Swift code or also commonly known as BIC Code is a standard format to uniquely identify a bank, financial institution and non-financial institution. This standard approved by the International Organization for Standardization (ISO). BIC stands for Business Identifier Codes.

The codes are widely used when transferring money between banks, particularly for international wire transfers or telegraphic transfer. Other uses include to transmit messages between financial institutions and banks.

The Swift code can be either 8 or 11 characters long, and 8 digits code refers to the primary office. The code consists of 4 separate section, and the format arrange in the following manner;

AAAA BB CC DDD

  • The first 4 characters ("AAAA") specify the institution. Only letters.
  • The next 2 characters ("BB") specify the country where the instituions located. The code follows the format of ISO 3166-1 alpha-2 country code.
  • The next 2 characters ("CC") specify the instiution's location. Can be letters and digits. Passive participants will have "1" in the second character,
  • The last 3 characters ("DDD") specify the institution's branch. This section is an optional. A 'XXX' refers to a primary office. Can be letters and digits.

MEGA INTERNATIONAL COMMERCIAL BANK CO., LTD, SYDNEY BRANCH SWIFT Code, MELBOURNE




Item Description
SWIFT Code

ICBCAU2SMEL

Bank MEGA INTERNATIONAL COMMERCIAL BANK CO., LTD, SYDNEY BRANCH
Branch Name (MELBOURNE BRANCH)
Address 459 COLLINS STREET, LEVEL 20
City MELBOURNE
Postcode VIC 3000
Country




Item Description
SWIFT Code

ICBCAU2SMEL

Bank Code

ICBC

Country Code

AU

Location Code

2S

Branch Code

MEL

Passive Code

No