BANK EGHTESAD NOVIN, TEHRAN - SWIFT/BIC Code

BANK EGHTESAD NOVIN, TEHRAN - SWIFT Code Information

SWIFT Code / BIC
BEGNIRTHSHB
Bank / Institution
BANK EGHTESAD NOVIN
Address
NO. 51, BARADARAN SHARIFI AVE.,, NORTH GANDI
City
TEHRAN
Postcode
19699
Country
Iran
Connection
Active
BEGNIRTHSHB - SWIFT Code Breakdown
SWIFT Code
BEGNIRTH or BEGNIRTHSHB
Bank Code
BEGN - code assigned to BANK EGHTESAD NOVIN
Country Code
IR - code belongs to Iran
Location & Status
TH - represents location, second digit means active code
Branch Code
SHB or not assigned, indicating this is a head office
Head Office
BEGNIRTH - primary office of BANK EGHTESAD NOVIN, Iran

What is a SWIFT Code BEGNIRTHSHB?

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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