ACLRAU2S227 SWIFT/BIC Code

The SWIFT number ACLRAU2S227 was issued by AUSTRACLEAR LIMITED in SYDNEY.

SWIFT/BIC NumberACLRAU2S227
Bank NameAUSTRACLEAR LIMITED
Bank CitySYDNEY
Bank Branch(BKO 227)

What is a SWIFT code?

A SWIFT/BIC code is a standard format to uniquely identify banks, non-financial, and financial institutions globally. The SWIFT code is a standard format for Business Identifier Codes (BIC).

If you transmit money internationally you almost always need to use a SWIFT/BIC code, as it’s the way banks and money transfer services identify where to send money on a global scale. You can think of a BIC code a bit like an international postal code. A bank on one side of the world finds the right bank on the other side of the world. Just like sending mail to an incorrect ZIP code means it might get returned, the same applies for your money and the wrong SWIFT code.

What does a SWIFT look like?

A SWIFT code can be either 8 or 11 characters long:

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. Optional. Can include 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 institutions who are 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.