What is SWIFT code and Procedure of identifications of SWIFT?
What is SWIFT code?
SWIFT is a short form for “Society for Worldwide Interbank Financial Telecommunication Code”.
A unique identification code assigned to a specific bank to proceeds money transfer between banks internationally.
Swift Code is a standard format of Bank Identifier Codes (BIC) and it is unique identification code for a particular bank.
How to Identify SWIFT Code?
The Swift code consists of 8 or 11 characters. When 8-digits code is given, it refers to the primary office. Below is the example-
· First 4 characters - bank code (only letters)
· Next 2 characters - ISO 3166-1 alpha-2 country code (only letters)
· Next 2 characters - location code (letters and digits)
· Last 3 characters - branch code, optional ('XXX' for primary office) (letters and digits)
What is the SWIFT code or BIC code of Prabhu Bank LTD, Nepal?
SWIFT code or BIC code of "rabhu Bank LTD " is "PRVUNPKA".
SWIFT code or BIC code is used in wire/electronic transfer payment method.
Through SWIFT code or BIC code of "rabhu Bank LTD " in Nepal(NP), you can easily transfer the
money or fund in accounts. BIC Code "PRVUNPKA" used to Transfer fund to International banks which is known as wire transfer.
Tags: #prabhu #prabhubanklimited #swiftcodePrabhu bank #Prabhu bankbiccode #nepalbanking #nepalrastrabank #bankingtaiyari #bankingguru #bankingjob #iponepal #sharemarket #sebon #nepse #nrb #insurance #banksiftcode
0 Comments