AAEAFRP1 SWIFT/BIC Code

The SWIFT number AAEAFRP1 was issued by ABC ARBITRAGE ASSET MANAGEMENT in PARIS.

SWIFT/BIC NumberAAEAFRP1
Bank NameABC ARBITRAGE ASSET MANAGEMENT
Bank CityPARIS
Bank Branch

What is a SWIFT code?

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

If you send 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 a ZIP/postal code. A bank on one side of the world finds the right bank on the other side of the world. Like sending post to the wrong ZIP/postal code means it may get returned, the same goes for your money and an incorrect SWIFT code.

What does a BIC 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 financial 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.