OP CORPORATE BANK PLC LATVIA BRANCH, RIGA - SWIFT/BIC Code

OP CORPORATE BANK PLC LATVIA BRANCH, RIGA - SWIFT Code Information

SWIFT Code / BIC
OKOYLV2X
Bank / Institution
OP CORPORATE BANK PLC LATVIA BRANCH
Address
VIENIBAS GATVE 87
City
RIGA
Postcode
1004
Country
Latvia
Connection
Active
OKOYLV2X - SWIFT Code Breakdown
SWIFT Code
OKOYLV2X or OKOYLV2XXXX
Bank Code
OKOY - code assigned to OP CORPORATE BANK PLC LATVIA BRANCH
Country Code
LV - code belongs to Latvia
Location & Status
2X - represents location, second digit means active code
Branch Code
XXX or not assigned, indicating this is a head office

What is a SWIFT Code OKOYLV2X?

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.

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