ITAU CORPBANCA COLOMBIA S.A., MEDELLIN - SWIFT/BIC Code

ITAU CORPBANCA COLOMBIA S.A., MEDELLIN - SWIFT Code Information

SWIFT Code / BIC
BCTOCOBBMD1
Bank / Institution
ITAU CORPBANCA COLOMBIA S.A.
Address
CARRERA 46 53-44
City
MEDELLIN
Postcode
Country
Colombia
Connection
Active
BCTOCOBBMD1 - SWIFT Code Breakdown
SWIFT Code
BCTOCOBB or BCTOCOBBMD1
Bank Code
BCTO - code assigned to ITAU CORPBANCA COLOMBIA S.A.
Country Code
CO - code belongs to Colombia
Location & Status
BB - represents location, second digit means active code
Branch Code
MD1 or not assigned, indicating this is a head office
Head Office
BCTOCOBB - primary office of ITAU CORPBANCA COLOMBIA S.A., Colombia

What is a SWIFT Code BCTOCOBBMD1?

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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