BANESCO S.A., PANAMA - SWIFT/BIC Code

BANESCO S.A., PANAMA - SWIFT Code Information

SWIFT Code / BIC
BANSPAPA
Bank / Institution
BANESCO S.A.
Address
BANESCO BUILDING, FLOOR 27, AV. AQUILINO DE LA GUARDIA Y C. 47
City
PANAMA
Postcode
0823-05879
Country
Panama
Connection
Active
BANSPAPA - SWIFT Code Breakdown
SWIFT Code
BANSPAPA or BANSPAPAXXX
Bank Code
BANS - code assigned to BANESCO S.A.
Country Code
PA - code belongs to Panama
Location & Status
PA - represents location, second digit means active code
Branch Code
XXX or not assigned, indicating this is a head office

What is a SWIFT Code BANSPAPA?

SWIFT Code is a standard format of Bank Identifier Code (BIC) used to specify a particular bank or branch. These codes are used when transferring money between banks, particularly for international wire transfers. Banks also use these codes for exchanging messages between them.

SWIFT codes comprise of 8 or 11 characters. All 11 digit codes refer to specific branches, while 8 digit codes (or those ending in 'XXX') refer to the head or primary office. SWIFT codes are formatted as follows:

AAAA BB CC DDD

  • First 4 characters - bank code (only letters)
  • Next 2 characters - ISO 3166-1 alpha-2 country code (only letters)
  • Next 2 characters - location code, passive participant will have "1" in the second character (letters and digits)
  • Last 3 characters - branch code, optional - 'XXX' for primary office (letters and digits)

The registrations of SWIFT Codes are handled by Society for Worldwide Interbank Financial Telecommunication (“SWIFT”) and their headquarters is located in La Hulpe, Belgium. SWIFT is the registered trademark of S.W.I.F.T. SCRL with a registered address at Avenue Adèle 1, B-1310 La Hulpe, Belgium.

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