JAK MEDLEMSBANK, SKOVDE - SWIFT/BIC Code

JAK MEDLEMSBANK, SKOVDE - SWIFT Code Information

SWIFT Code / BIC

JAKMSE22

Bank / Institution

JAK MEDLEMSBANK

Address

14 VASAGATAN

City

SKOVDE

Postcode

541 25

Country

Sweden

Connection

Active

JAKMSE22 - SWIFT Code Breakdown

SWIFT Code

JAKMSE22 or JAKMSE22XXX

Bank Code

JAKM - code assigned to JAK MEDLEMSBANK

Country Code

SE - code belongs to Sweden

Location & Status

22 - represents location, second digit means active code

Branch Code

XXX or not assigned, indicating this is a head office

What is a SWIFT Code JAKMSE22?

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.