What is the Swift Code?

SWIFT stands for Society for Worldwide Interbank Financial Telecommunication.

The Swift Code is a standard format of the Bank Identification Code which is a unique code to identify a particular bank.

Swift code is used when transferring money between banks, especially for international transfers. The Bank also uses this code to communicate between one bank and another bank.

Consisting of 8 or 11 characters, the SWIFT Code makes it easy to transfer money from one bank to another. If it only includes 8 characters, it indicates that the bank is the main bank (not a branch).

The format is as follows:


The first four characters (WWWW) are bank codes that only use letters.

The next two characters (XX) are the country code and also use only the letters.

The next two characters (YY) are the location codes. May use letters or numbers.

The last three characters (ZZZ) is the branch code of the bank. This branch code can use numbers or letters.

Swift Code enrollment is handled by the Society for Worldwide Interbank Financial Telecommunication, headquartered in La Hulpe, Belgium.


Swift Code of various Banks in Indonesia