IBL BANK, SAL, LIMASSOL (LEMESOS) - SWIFT/BIC Code

IBL BANK, SAL, LIMASSOL (LEMESOS) - SWIFT Code Information

SWIFT Code / BIC

INLECY2L

Bank / Institution

IBL BANK, SAL

Address

IDEAL BUILDING, FIRST FLOOR, ARCHBISHOP MAKARIOUS III AVE. 214

City

LIMASSOL (LEMESOS)

Postcode

54273

Country

Cyprus

Connection

Active

INLECY2L - SWIFT Code Breakdown

SWIFT Code

INLECY2L or INLECY2LXXX

Bank Code

INLE - code assigned to IBL BANK, SAL

Country Code

CY - code belongs to Cyprus

Location & Status

2L - represents location, second digit means active code

Branch Code

XXX or not assigned, indicating this is a head office

What is a SWIFT Code INLECY2L?

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.