SWIFT CODE is an international bank code that a bank form to make their identity for the worldwide banks.it is basically known as BIC Bank Identifier Code. A Swift code is usually used to transfer money from one bank to another. It is a standard format of BIC. It serves as a special identifier for the bank.[irp]
This code is used for transferring money or to convey messages between banks and financial institute. It is specially used for international wire transfers.
How is a swift code formed? A swift code mainly consists of 8 or 11 characters. 8 characters mainly refer to the primary office. Now I will tell you how is a swift code form. Let’s take an example of Bank Al Bilad (Riyadh).the swift code of this bank is ALBISARI.
The format to form a swift code is AAAA BB CC DDD.
“AAAA” the first 4 characters. This is used to specify the bank.
“BB” fifth and sixth character specify the country.
“CC” 7th and 8th character identify the location or city.
“DDD” these 3 characters are optional that are used to specify the branch. Both letters and digits are allowed to represent it.
No Bank or Institution SWIFT Code 1 ALINMA BANK INMASARI 2 AL RAJHI BANK RJHISARI 3 ARAB NATIONAL BANK ARNBSARI 4 BANK AL BILAD ALBISARI 5 BANKMUSCAT BMUSSARI 6 BANQUE SAUDI FRANSI BSFRSARI 7 BNP PARIBAS SAUDI ARABIA BNPASARI 8 DEUTSCHE BANK AG RIYADH BRANCH DEUTSARI 9 EMIRATES NBD PJSC EBILSARI 10 GPT SPECIAL PROJECTS MANAGEMENT LTD GPTLSARI 11 GULF INTERNATIONAL BANK B.S.C. RIYADH GULFSARI 12 HOSHANCO HOLDING HOSHSARI 13 INDUSTRIAL AND COMMERCIAL BANK OF CHINA RIYADH BRANCH SA ICBKSARI 14 J.P. MORGAN SAUDI ARABIA LIMITED JPMGSARI 15 JPMORGAN CHASE BANK N.A. RIYADH CHASSARI 16 MERRILL LYNCH KINGDOM OF SAUDI ARABIA MLSASARI 17 MORGAN STANLEY SAUDI ARABIA MSSRSARI 18 NATIONAL BANK OF BAHRAIN NBOBSARI 19 NATIONAL BANK OF PAKISTAN NBPASARI 20 NOMURA SAUDI ARABIA NSAUSARI 21 QINVEST SAUDI ARABIA QINVSARI 22 RIYAD BANK RIBLSARI 23 SAMBA FINANCIAL GROUP SAMBSARI 24 SAUDI ARABIAN MONETARY AGENCY SAMASARI 25 SAUDI BRITISH BANK THE SABBSARI 26 SAUDI CERAMIC COMPANY SACYSARI 27 SAUDI HOLLANDI BANK AAALSARI 28 SAUDI HOLLANDI CAPITAL SAHCSARI 29 SAUDI INVESTMENT BANK THE SIBCSARI 30 SAUDI STOCK EXCHANGE TSSMSARI 31 SHUAA CAPITAL SAUDI ARABIA SHUASARI 32 STANDARD CHARTERED CAPITAL (SAUDI ARABIA) SCBLSARI 33 SUPREME FOODS COMPANY LIMITED SUFCSARI