CREDIT INSTITUTE FOR DEVELOPMENT, MASHHAD - SWIFT/BIC Code

CREDIT INSTITUTE FOR DEVELOPMENT, MASHHAD - SWIFT Code Information

SWIFT Code / BIC

BTOSIRTHMSH

Bank / Institution

CREDIT INSTITUTE FOR DEVELOPMENT

Address

City

MASHHAD

Postcode

Country

Iran

Connection

Active

BTOSIRTHMSH - SWIFT Code Breakdown

SWIFT Code

BTOSIRTH or BTOSIRTHMSH

Bank Code

BTOS - code assigned to CREDIT INSTITUTE FOR DEVELOPMENT

Country Code

IR - code belongs to Iran

Location & Status

TH - represents location, second digit means active code

Branch Code

MSH or not assigned, indicating this is a head office

Head Office

BTOSIRTH - primary office of CREDIT INSTITUTE FOR DEVELOPMENT, Iran

What is a SWIFT Code BTOSIRTHMSH?

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.