SWIFT Code ABFKKYKY Abc Financial Markets Cayman Islands

The Society for Worldwide Interbank Financial Telecommunication (SWIFT) (also known as ISO 9362, SWIFT-BIC, BIC code, SWIFT ID or SWIFT code) is a standard format of Business Identifier Codes approved by the International Organization for Standardization (ISO). It is a unique identification code for both financial and non-financial institutions. (When assigned to a non-financial institution, a code may also be known as a Business Entity Identifier or BEI.) These codes are used when transferring money between banks, particularly for international wire transfers, and also for the exchange of other messages between banks. The codes can sometimes be found on account statements. SWIFT and BIC codes are basically the same.

The SWIFT code is 8 or 11 characters?

• ABFK 4 letters: Institution Code or bank code. (Abc Financial Markets)
• KY 2 letters: ISO 3166-1 alpha-2 country code (Cayman Islands)
• KY 2 letters or digits: location code
• If the second character is "0", then it is typically a test BIC as opposed to a BIC used on the live network.
• If the second character is "1", then it denotes a passive participant in the SWIFT network
• If the second character is "2", then it typically indicates a reverse billing BIC, where the recipient pays for the message as opposed to the more usual mode whereby the sender pays for the message.
• last 3 letters or digits: branch code.
• Where an 8-digit code is given, it may be assumed that it refers to the primary office.

SWIFT Code Abc Financial Markets Cayman Islands

SWIFT Code Abc Financial Markets used to Transfer fund to Internationl Abc Financial Marketss. SWIFTCode Abc Financial Markets Cayman Islands are provide the broadest coverage of national Abc Financial Markets identifiers. SWIFT Code is identifying Abc Financial Markets es in Cayman Islands ([countryshor]). SWIFT Code of Abc Financial Markets is unique for each in Cayman Islands ([countryshor]). Abc Financial Markets is located in Grand Cayman Grand Cayman, Cayman Islands Cayman Islands and Abc Financial Markets The SWIFT code is ABFKKYKY .