KOMERCIJALNA BANKA AD BUDVA, BUDVA - SWIFT/BIC Code

KOMERCIJALNA BANKA AD BUDVA, BUDVA - SWIFT Code Information

SWIFT Code / BIC

KOBBMEP2

Bank / Institution

KOMERCIJALNA BANKA AD BUDVA

Address

BUSINESS CENTER, PODKOSLJUN BB

City

BUDVA

Postcode

86000

Country

Montenegro

Connection

Active

KOBBMEP2 - SWIFT Code Breakdown

SWIFT Code

KOBBMEP2 or KOBBMEP2XXX

Bank Code

KOBB - code assigned to KOMERCIJALNA BANKA AD BUDVA

Country Code

ME - code belongs to Montenegro

Location & Status

P2 - represents location, second digit means active code

Branch Code

XXX or not assigned, indicating this is a head office

What is a SWIFT Code KOBBMEP2?

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.