For this reason, Business Identifier Codes (BICs) are often called SWIFT addresses or codes. SWIFT Standards, a division of The Society for Worldwide Interbank Financial Telecommunication (SWIFT), handles the registration of these codes. Where an 8-digit code is given, it may be assumed that it refers to the primary office. 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.ģ letters or digits: branch code, optional ('XXX' for primary office).if the second character is "1", then it denotes a passive participant in the SWIFT network.if the second character is "0", then it is typically a test BIC as opposed to a BIC used on the live network.The SWIFT code is 8 or 11 characters, made up of:Ĥ letters: Institution Code or bank code.Ģ letters: ISO 3166-1 alpha-2 country code Please visit the SWIFT website for official information on SWIFT codes. We are focused on money transfer related information. SCRL in any manner and we are not the official source of SWIFT codes. Nearest Area Name By Postal codes: Model Town Lahore You looking Model Town Lahore postcode and its use for post office delivery. SCRL is headquartered at Avenue Adele 1, B-1310 La Hulpe, Belgium.
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