ECONOMY BANK FOR INVESTMENT AND FINANCE, BAGHDAD - SWIFT/BIC Code

ECONOMY BANK FOR INVESTMENT AND FINANCE, BAGHDAD - SWIFT Code Information

SWIFT Code / BIC

ECOVIQBA616

Bank / Institution

ECONOMY BANK FOR INVESTMENT AND FINANCE

Address

ALSHORJAH, ALJUMHORIYAH

City

BAGHDAD

Postcode

00964

Country

Iraq

Connection

Active

ECOVIQBA616 - SWIFT Code Breakdown

SWIFT Code

ECOVIQBA or ECOVIQBA616

Bank Code

ECOV - code assigned to ECONOMY BANK FOR INVESTMENT AND FINANCE

Country Code

IQ - code belongs to Iraq

Location & Status

BA - represents location, second digit means active code

Branch Code

616 or not assigned, indicating this is a head office

Head Office

ECOVIQBA - primary office of ECONOMY BANK FOR INVESTMENT AND FINANCE, Iraq

What is a SWIFT Code ECOVIQBA616?

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.