swiftCode简介

SWIFT是“Society Worldwide InterbankFinancial Telecommunication环球同业银行金融电讯协会”的英文简称

SWIFT is the system used by banks and larger financial institutions, but it’s not necessarily the most efficient nor most cost-effective option available. Banks often charge a hidden fee in the exchange rate, which can make your international transfer more expensive than it should be. If you send money with the bank, your recipient could end up with a lower amount in their account because of these hidden fees. Luckily, there is an alternative to SWIFT payments with the bank.

SWIFT codes are also known as Business Identifier Codes (BICs). As a unique identifier, these codes allow individuals working within financial institutions to know which specific bank they’re doing business with and where in the world that bank is located. It’s extremely important to use/provide the correct SWIFT code for international wire transfers.

A SWIFT code consists of 8-11 characters:

AAAA - Bank Code

BB - Country Code

CC - Location Code

DDD - Optional Branch Code