BAC INTERNATIONAL BANK, INC., PANAMA - SWIFT/BIC Code

BAC INTERNATIONAL BANK, INC., PANAMA - SWIFT Code Information

SWIFT Code / BIC
BCINPAPA
Bank / Institution
BAC INTERNATIONAL BANK, INC.
Address
TORRE BAC CREDOMATIC, CALLE 50, ENTRE CALLE 73 Y CALLE 7 SAN FRANCISCO
City
PANAMA
Postcode
0819-06536
Country
Panama
Connection
Active
BCINPAPA - SWIFT Code Breakdown
SWIFT Code
BCINPAPA or BCINPAPAXXX
Bank Code
BCIN - code assigned to BAC INTERNATIONAL BANK, INC.
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 BCINPAPA?

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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