BANK M TANZANIA PLC, DAR ES SALAAM - SWIFT/BIC Code

BANK M TANZANIA PLC, DAR ES SALAAM - SWIFT Code Information

SWIFT Code / BIC
BNKMTZTZ
Bank / Institution
BANK M TANZANIA PLC
Address
8, OBAMA DRIVE
City
DAR ES SALAAM
Postcode
255
Country
Tanzania
Connection
Active
BNKMTZTZ - SWIFT Code Breakdown
SWIFT Code
BNKMTZTZ or BNKMTZTZXXX
Bank Code
BNKM - code assigned to BANK M TANZANIA PLC
Country Code
TZ - code belongs to Tanzania
Location & Status
TZ - represents location, second digit means active code
Branch Code
XXX or not assigned, indicating this is a head office

What is a SWIFT Code BNKMTZTZ?

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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