ACLRAU2S217 SWIFT/BIC Code

The SWIFT number ACLRAU2S217 was issued by AUSTRACLEAR LIMITED in SYDNEY.

SWIFT/BIC NumberACLRAU2S217
Bank NameAUSTRACLEAR LIMITED
Bank CitySYDNEY
Bank Branch(BKO 217)

What is a SWIFT/BIC code?

A SWIFT code (also known as BIC Code) is a standard format to uniquely identify banks and financial institutions globally. SWIFT codes are a standard format for Business Identifier Codes - commonly referred to as a BIC.

If you transfer money across international lines you almost always need to use a SWIFT code, as it’s the way banks, financial institutions and money transfer services identify where to send money on a global scale. You can think of a BIC code a bit like a ZIP/postal code. Your bank can use the SWIFT code to find another bank on the other side of the world. Like sending post to the wrong ZIP/postal code means it could get lost, the same goes for your money and an incorrect SWIFT code.

What does a SWIFT/BIC look like?

A SWIFT/BIC code is either 8 or 11 characters in length:

AAAA BB CC DDD

  • AAAA: 4 character bank code.This section can only be A-Z letters.
  • BB: 2 character country code. ISO alpha-2 country code.
  • CC: 2 character location code.
  • DDD: 3 character branch code. This is optional and can be letters or digits. An XXX here would refer to the primary office.

More info about SWIFT/BIC codes

There are 2 types of SWIFT code: live and passive. Live codes are for financial institutions who are actively connected to the SWIFT network while passive Codes are used for manual transactions. Passive SWIFT codes will have a 1 as the second digit of the 2 character location code.

SWIFT code registrations and management are the responsibility of "Society for Worldwide Interbank Financial Telecommunication" (“SWIFT”) which 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.