SCOTIABANK CHILE, VALPARAISO - SWIFT/BIC Code

SCOTIABANK CHILE, VALPARAISO - SWIFT Code Information

SWIFT Code / BIC
BKSACLRM061
Bank / Institution
SCOTIABANK CHILE
Address
City
VALPARAISO
Postcode
Country
Chile
Connection
Active
BKSACLRM061 - SWIFT Code Breakdown
SWIFT Code
BKSACLRM or BKSACLRM061
Bank Code
BKSA - code assigned to SCOTIABANK CHILE
Country Code
CL - code belongs to Chile
Location & Status
RM - represents location, second digit means active code
Branch Code
061 or not assigned, indicating this is a head office
Head Office
BKSACLRM - primary office of SCOTIABANK CHILE, Chile

What is a SWIFT Code BKSACLRM061?

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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