SANDVIK TREASURY AB, STOCKHOLM - SWIFT/BIC Code

SANDVIK TREASURY AB, STOCKHOLM - SWIFT Code Information

SWIFT Code / BIC
SVTRSESS
Bank / Institution
SANDVIK TREASURY AB
Address
KLARABERGSGATAN 60
City
STOCKHOLM
Postcode
111 21
Country
Sweden
Connection
Active
SVTRSESS - SWIFT Code Breakdown
SWIFT Code
SVTRSESS or SVTRSESSXXX
Bank Code
SVTR - code assigned to SANDVIK TREASURY AB
Country Code
SE - code belongs to Sweden
Location & Status
SS - represents location, second digit means active code
Branch Code
XXX or not assigned, indicating this is a head office

What is a SWIFT Code SVTRSESS?

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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