ALKRAT21 SWIFT/BIC Code

The SWIFT number ALKRAT21 was issued by ALPENLANDISCHER KREDITORENVERBAND FUER KREDITSCHUTZ UND BETRIEBSWIRTSCHAFT in SALZBURG.

SWIFT/BIC NumberALKRAT21
Bank NameALPENLANDISCHER KREDITORENVERBAND FUER KREDITSCHUTZ UND BETRIEBSWIRTSCHAFT
Bank CitySALZBURG
Bank Branch

What is a SWIFT code?

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

If you transfer money internationally you almost always need to use a SWIFT 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 SWIFT code a bit like a ZIP/postal code. A bank on one side of the world finds the right bank on the other side of the world. Similar to how sending a postcard to the wrong ZIP/postal code means it may get lost or returned, the same applies for your money and an incorrect SWIFT code.

What does a SWIFT look like?

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

AAAA BB CC DDD

  • AAAA: 4 character bank code.Just letters, no numbers.
  • 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 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.