BUSINESS CONNEXION, MIDRAND - SWIFT/BIC Code

BUSINESS CONNEXION, MIDRAND - SWIFT Code Information

SWIFT Code / BIC

BCXGZAJM

Bank / Institution

BUSINESS CONNEXION

Address

BLOCK D - BUSINESS CONNEXION PARK, 16TH STREET 789

City

MIDRAND

Postcode

1685

Country

South Africa

Connection

Active

BCXGZAJM - SWIFT Code Breakdown

SWIFT Code

BCXGZAJM or BCXGZAJMXXX

Bank Code

BCXG - code assigned to BUSINESS CONNEXION

Country Code

ZA - code belongs to South Africa

Location & Status

JM - represents location, second digit means active code

Branch Code

XXX or not assigned, indicating this is a head office

What is a SWIFT Code BCXGZAJM?

A 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.